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STATE OF MISSOURI 
BOARD OF 
FUND COMMISSIONERS 



GENERAL OBLIGATION 
DEBT INFORMATION 



January 1, 2009 



Prepared by: Office of Administration 
Division of Accounting 



TABLE OF CONTENTS 



Page 



Summary Page - All Issues 01 

Summary Page - Bond Authorization 02 

Summary Page - Refunding Issues 03-04 

Debt Service Schedules 05-09 

Water Pollution Control Bonds (Outstanding) 

Series A 2001 10-12 

Series A 2002 13-15 

Series B 2002 - Refunding 16-18 

Series A 2003 - Refunding 1 9-21 

Series A 2005 - Refunding 22-23 

Series A 2007 24-26 

Third State Building Bonds (Outstanding) 

Series A 2002 - Refunding 27-29 

Series A 2003 - Refunding 30-32 

Fourth State Building Bonds (Outstanding) 

Series A 2002 - Refunding 33-35 

Series A 2005 - Refunding 36-38 

Stormwater Control Bonds (Outstanding) 

Series A 2001 39-41 

Series A 2002 42-44 

Series A 2005 - Refunding 45-46 

Bonds Retired/Redeemed 

Water Pollution Control Bonds 

Series A 1972 47-49 

Series A 1974 50-52 

Series B 1974 53-55 

Series A 1977 56-57 

Series A 1981 58-60 

Series A 1983 61-63 

Series B 1983 64-66 



Bonds Retired/Redeemed (continued) 



Water Pollution Control Bonds (continued) 

Series A 1985 67-69 

Series A 1986 70-72 

Series A 1 987 - Refunding 73-75 

Series B 1987 76-78 

Series A 1989 79-81 

Series A 1991 82-84 

Series B 1991 - Refunding 85-87 

Series C 1 991 - Refunding 88-90 

Series A 1992 91-93 

Series B 1 992 - Refunding 94-96 

Series A 1993 97-99 

Series B 1 993 - Refunding 1 00-1 02 

Series A 1995 103-105 

Series A 1996 106-108 

Series A 1998 109-111 

Series A 1999 112-114 

Third State Building Bonds 

Series A 1983 115-117 

Series B1 983 118-120 

Series A 1984 121-123 

Series A 1985 124-126 

Series A 1986 127-129 

Series A 1987 -Refunding 130-132 

Series B 1987 133-135 

Series A 1 991 - Refunding 1 36-1 38 

Series B 1 991 - Refunding 1 39-1 41 

Series A 1 992 - Refunding 1 42-1 44 

Series A 1 993 - Refunding 1 45-1 47 

Fourth State Building Bonds 

Series A 1995 148-150 

Series A 1996 151-153 

Series A 1998 154-156 

Stormwater Control Bonds 

Series A 1999 157-159 



ii 



BOARD OF FUND COMMISSIONERS 
ALL ISSUES 
SUMMARY PAGE 

Amount 





Term 




Amount 
Issued 




Outstanding 
January 1 , 2009 


vvaier roiiuuon isoniroi duiiuo 












Series A 1 972 


1972-1997 


$ 


20,000,000 


$ 




Series A 1 974 


1974-1999 




8,000,000 




- 


Series B 1 974 


1974-1994 




15,000,000 




- 


Series A 1977 


1977-1997 




31,494,240 




- 


Series A 1981 1 


1981-2001 




20,000,000 






Series A 1983 


1 QPQ 9008 




90 OOO OOO 
£iU,UUU,UUU 






benes b \ yoo 


1 QFH-900S 




1 o oon oon 






benes a \ yoo 






20 000 000 






Ocl ICo r\ I sou 


1986-2010 




60,000,000 






Qprjpq a 1987 Rpfundinn 2 


1987-2009 




49,715,000 






Qprip<; R 1 QR7 2 

OCI ICO D I 30 / 


1987-2012 




35,000,000 






QoripQ A 1 QRQ 2 

OCI ICO r\ I 303 


1989-2014 




35,000,000 






QpripQ A 1 QQ1 2 

OCl ICO t\ I 33 I 


1991-2016 




35,000,000 






Qpripc R 1QQ1 Rpfiinrlinn 2 
oci ico d 1 33 i nciui iuii iy 


1991-2012 




1 7 435 000 






Series C 1991 Refunding 1 


i qqi on -I o 
1 33 1 -^Ul tL 




QQ c-7r: AAA 

oo, 0/0, uuu 






Series A 1992 1 


1992-2017 




35,000,000 




- 


Series B 1992 Refunding 1 


1992-2010 




50,435,000 




- 


Series A 1993 2 


1993-2003 




30,000,000 




- 


Series B 1993 Refunding 1 


1993-2016 




109,415,000 




_ 


Series A 1 995 2 


1995-2005 




30,000,000 






Series A 1996 1 


1996-2006 




35,000,000 




- 


Series A 1998 1 


1998-2023 




35,000,000 




- 


Series A 1 999 1 


1999-2024 




20,000,000 




- 


Series A 2001 


2001-2026 




20,000,000 




16,265,000 


benes a duud 


onno ono7 

^uu^-^u^/ 




on nnn nnn 
oU, UUU, UUU 




or ooc nnn 
^O.oVO, UUU 


Qphpc R 9009 Rpfiinrlinn 


CX)\JC. CAJC. I 




1 47 71 000 
It/,/ 1 u,uuu 




07 RQK AAA 
3 / ,030,UUU 


benes a ^uuo neTunainy 


900^-901 fi 




74 fi'iR OOO 

/ H, OOO, UUU 




90 40R OOO 
^u,tuo,uuu 


Qpripc A 900^ Rpfnnrlinn 


9009-901 fi 




95 100 000 




95 100 000 


Series A 2007 


2008-2032 




50,000,000 




48,895,000 


Third Stcite Building Bonds 












benes a i yoo 


iqsoiqqo 




40 000 000 






Qph'pq R 1 QftV 

OCI ICO LJ 1 i?00 


1983-2008 




35,000,000 






Series A 1984 1 


1984-2009 




50,000,000 






Qpripq A 1 QfiR 1 

OCI ICO 1 300 


1985-2010 




75,000,000 






Series A 1986 2 


1986-1996 




325,000,000 




- 


Series A 1987 Refunding 2 


1987-1997 




170,115,000 




- 


Series B 1 987 2 


1989-1994 




75,000,000 




- 


Series A 1991 Refunding 2 


1991-2001 




34,870,000 




- 


Series B 1991 Refunding 1 


1991-2012 




71,955,000 




_ 


QpripQ A 1 QQ9 RpfiinHinn^ 

OCI ICo rA I 33£- llCIUI lull IU 


1992-2010 




273 205 000 






Series A 1993 Refunding 1 


1993-2012 




148,480,000 






Series A 2002 Refunding 


2002-2012 




211,630,000 




68,675,000 


Series A 2003 Refunding 


2003-2012 




75,650,000 




10,730,000 


Fourth State Building Bonds 












Series A 1995 2 


1995-2005 


$ 


75,000,000 


$ 


- 


Series A 1996 1 


1996-2006 




125,000,000 






Series A 1 998 1 


1 998-2023 




50,000,000 






Series A 2002 Refunding 


2002-2021 




154,840,000 




137,460,000 


Series A 2005 Refunding 


2009-2016 




45,330,000 




44,295,000 


Stormwater Control Bonds 












Series A 1999 1 


1999-2024 


$ 


20,000,000 


$ 




Series A 2001 


2001-2026 




10,000,000 




7,935,000 


Series A 2002 


2002-2027 




15,000,000 




11,025,000 


Series A 2005 Refunding 


2009-2015 




17,175,000 




17,175,000 



1 Refunded 

2 Partially Refunded 



BOARD OF FUND COMMISSIONERS 
BOND AUTHORIZATION 
SUMMARY PAGE 



The Board of Fund Commissioners issues four types of general obligation bonds: Water Pollution Control; Third State 
Building; Fourth State Building; and Stormwater Control. The Board receives its authority to issue these bonds from the 
Missouri Constitution. In addition, the Board must obtain legislative authority to issue the bonds. The following summarizes 
this authority: 



WATER POLLUTION CONTROL BONDS: 

Legislative 







Authorization 






Constitutional 


Legislative 




Constitutional 


As of 




Bonds 


Authority 


Authorization 




Authority 


1/1/09 




Issued 


Remaining 


Remaining 


Article III, Section 37 (b) 


$ 150,000,000 


$ 154,735,240 1 


$ 


150,000,000 


$ 


$ 


Article III, Section 37 (c) 


200,000,000 


200,000,000 




200,000,000 






Article III, Section 37 (e) 


275,000,000 


251 ,660,000 




185,494,240 


89,505,760 


66,165,760 


Article III, Section 37 (g) 


100,000,000 


90,000,000 




59,000,000 


41,000,000 


31,000,000 


Total 


$ 725,000,000 


$ 696,395,240 


$ 


594,494,240 


$ 130,505,760 


$ 97,165,760 



1 Cumulative legislative authorization for Section 37(b) exceeded the Constitutional Authority by $4, 735,240. 



THIRD STATE BUILDING BONDS: 

Legislative 





Authorization 






Constitutional 


Legislative 


Constitutional 


As of 




Bonds 


Authority 


Authorization 


Authority 


1/1/09 




Issued 


Remaining 


Remaining 


Article III, Section 37 (d) $ 600,000,000 


$ 600,000,000 


$ 


600,000,000 


$ 


$ 


FOURTH STATE BUILDING BONDS: 














Legislative 












Authorization 






Constitutional 


Legislative 


Constitutional 


As of 




Bonds 


Authority 


Authorization 


Authority 


1/1/09 




Issued 


Remaining 


Remaining 


Article III, Section 37 (f) $ 250,000,000 


$ 250,000,000 


$ 


250,000,000 


$ 


$ 


STORMWATER CONTROL BONDS 














Legislative 












Authorization 






Constitutional 


Legislative 


Constitutional 


As of 




Bonds 


Authority 


Authorization 


Authority 


1/1/09 




Issued 


Remaining 


Remaining 


Article III, Section 37 (h) $ 200,000,000 


$ 180,000,000 


$ 


45,000,000 


$ 155,000,000 


$ 135,000,000 



-2- 



BOARD OF FUND COMMISSIONERS 
REFUNDING ISSUES 
SUMMARY PAGE 



To take advantage of lower interest rates, the Board of Fund Commissioners has issued bonds to refund various outstanding 
bond issues. The following is a summary of the refunding bonds issued by the Board. 



Date 
Issued 



Amount 
Issued 



Series 
Refunded 



Amount 
Outstanding on 
Refund Date 



Amount 
Refunded 



WATER POLLUTION CONTROL BONDS: 



Series A 1987 Refunding 


8/1/1987 


$ 


49,715,000 


A 1981 
B 1983 
A 1985 


$ 


16,940,000 
9,625,000 
19,575,000 


$ 


16,940,000 
9,625,000 
19,575,000 












$ 


46,140,000 


$ 


46,140,000 


Series B 1991 Refunding 


11/1/1991 


$ 


17,435,000 


A 1983 


$ 


17,400,000 


$ 


16,415,000 


oGriGS u nyyi nGTunaing 


i H /H /H QQ1 

i m\ i\ yy i 




oo eve nnn 
oo,o / o,uuu 


d i yt)/ 




oo, 40U,UUU 


<t 
a> 


on gqc. nnn 
oU,Qyo,UUU 




OH C/H QQO 




en air nnn 


M 1 yoD 




co nyjn nnn 




ac Ann nnn 


Series B 1993 Refunding 


8/1/1993 


$ 


109,415,000 


A 1987 Refunding 

A 1 989 

A 1991 
B 1991 Refunding 


$ 


42,825,000 
33,215,000 
34,445,000 
17,360,000 


$ 


33,240,000 
27,280,000 
27,350,000 
11,355,000 












$ 


127,845,000 


$ 


99,225,000 


Series B 2002 Refunding 


10/15/2002 


$ 


147,710,000 


C 1991 Refunding 

A 1992 
B 1992 Refunding 

A 1 993 

A 1995 

A 1996 


$ 


21,875,000 
26,560,000 
33,595,000 
23,295,000 
25,230,000 
30,025,000 


$ 


21,875,000 
26,560,000 
33,595,000 
22,350,000 
22,520,000 
25,900,000 












$ 


160,580,000 


$ 


152,800,000 


Series A 2003 Refunding 


10/29/2003 


$ 


74,655,000 


B 1993 Refunding 


$ 


76,540,000 


$ 


76,540,000 


Series A 2005 Refunding 


6/29/2005 


$ 


95,100,000 


A 1996 
A 1998 
A 1999 
A 2003 Refunding 


$ 


2,160,000 
28,680,000 
17,595,000 
71,940,000 


$ 


2,160,000 
28,680,000 
17,595,000 
51,535,000 












$ 


120,375,000 


$ 


99,970,000 



Total Water Pollution Control Bonds Refunded 



$ 568,185,000 



THIRD STATE BUILDING BONDS: 



Series A 1987 Refunding 


8/1/1987 


$ 


170,115,000 


B 1983 
A 1984 
A 1985 


$ 


33,675,000 
48,130,000 
73,375,000 


$ 


33,675,000 
48,130,000 
73,375,000 












$ 


155,180,000 


$ 


155,180,000 


Series A 1991 Refunding 


11/1/1991 


$ 


34,870,000 


A 1983 


$ 


34,800,000 


$ 


32,835,000 


Series B 1991 Refunding 


11/1/1991 


$ 


71,955,000 


B 1987 


$ 


71,690,000 


$ 


65,780,000 


Series A 1992 Refunding 


8/15/1992 


$ 


273,205,000 


A 1986 


$ 


287,310,000 


$ 


251,355,000 



3- 



BOARD OF FUND COMMISSIONERS 
REFUNDING ISSUES 
SUMMARY PAGE (CONTINUED) 

Amount 



Date 
Issued 




Amount 
Issued 


Series 
Refunded 


Outstanding on 
Refund Date 




Amount 
Refunded 


THIRD STATE BUILDING BONDS: (continued) 
Series A 1 993 Refunding 8/1 /1 993 


$ 


148,480,000 


A 1987 Refunding 
A 1991 Refunding 


$ 


146,545,000 
34,705,000 


$ 


113,725,000 
22,935,000 










$ 


181,250,000 


$ 


136,660,000 


Series A 2002 Refunding 1 0/1 5/2002 


$ 


211,630,000 


B 1991 Refunding 
A 1992 Refunding 


$ 


47,320,000 
181,170,000 


$ 


47,320,000 
181,170,000 










$ 


228,490,000 


$ 


228,490,000 


Series A 2003 Refunding 1 0/29/2003 




75 650 000 


A 1 993 Refunding 


$ 


79,380,000 


$ 


79 380 000 


Total Third State Building Bonds Refunded: 












$ 


949,680,000 


FOURTH STATE BUILDING BONDS: 

Series A 2002 Refunding 1 0/1 5/2002 


$ 


154,840,000 


A 1995 
A 1996 


$ 


63,070,000 
107,230,000 


$ 


56,300,000 
92,485,000 










$ 


170,300,000 


$ 


148,785,000 


Series A 2005 Refunding 6/29/2005 


$ 


45,330,000 


A 1996 
A 1998 


$ 


7,715,000 
^fU,;? / u,uuu 


$ 


7,715,000 
40,970,000 










$ 


48,685,000 


$ 


48,685,000 


Total Fourth State Building Bonds Refunded: 












$ 


197,470,000 


STORMWATER CONTROL BONDS: 

Series A 2005 Refunding 6/29/2005 


$ 


17,175,000 


A 1999 


$ 


17,595,000 


$ 


17,595,000 


Total Stormwater Control Bonds Refunded: 












$ 


17,595,000 


Total Bonds Refunded 












$ 


1,732,930,000 



-4- 



BOARD OF FUND COMMISSIONERS 
DEBT SERVICE SCHEDULE 



ALL ISSUES 


FISCAL 


TOTAL 


TOTAL 


ANNUAL 


OUTSTANDING 


YEAR 


INTEREST 


PRINCIPAL 


DEBT SERVICE 


PRINCIPAL 


1972 


- 


- 


- 


- 


1973 


930,188.68 


570,000.00 


1,500,188.68 


19,430,000.00 


1974 


986,240.00 


485,000.00 


1,471,240.00 


26,945,000.00 


1975 


1,751,569.56 


705,000.00 


2,456,569.56 


41,240,000.00 


1976 


2,145,455.00 


1,105,000.00 


3,250,455.00 


40,135,000.00 


1977 


2,080,357.50 


1,160,000.00 


3,240,357.50 


70,469,240.00 


1978 


3,259,522.70 


2,129,240.00 


5,388,762.70 


68,340,000.00 


1979 


3,405,992.50 


2,240,000.00 


5,645,992.50 


66,100,000.00 


1980 


3,278,505.00 


2,355,000.00 


5,633,505.00 


63,745,000.00 


1981 


3,146,440.00 


2,475,000.00 


5,621,440.00 


81,270,000.00 


1982 


4,730,807.06 


3,135,000.00 


7,865,807.06 


78,135,000.00 


1983 


4,694,670.00 


3,165,000.00 


7,859,670.00 


134,970,000.00 


1984 


11,434,002.50 


4,050,000.00 


15,484,002.50 


225,920,000.00 


1985 


17,840,195.00 


5,405,000.00 


23,245,195.00 


315,515,000.00 


1986 


26,104,572.50 


6,595,000.00 


32,699,572.50 


308,920,000.00 


1987 


41,470,034.50 


7,395,000.00 


48,865,034.50 


686,525,000.00 


1988 


47,340,557.27 


10,705,000.00 


58,045,557.27 


804,330,000.00 


1989 


57,994,785.79 


18,235,000.00 


76,229,785.79 


786,095,000.00 


1990 


57,727,764.54 


19,505,000.00 


77,232,764.54 


801,590,000.00 


1991 


57,325,692.04 


21,475,000.00 


78,800,692.04 


780,115,000.00 


1992 


52,528,232.67 


23,000,000.00 


75,528,232.67 


804,225,000.00 


1993 


53,196,603.90 


25,865,000.00 


79,061,603.90 


839,245,000.00 


1994 


48,217,337.29 


28,820,000.00 


77,037,337.29 


862,435,000.00 


1995 


47,111,768.78 


33,690,000.00 


80,801,768.78 


933,745,000.00 


1996 


50,615,480.04 


36,810,000.00 


87,425,480.04 


896,935,000.00 


1997 


52,473,143.79 


39,445,000.00 


91,918,143.79 


1,017,490,000.00 


1998 


54,320,495.04 


40,850,000.00 


95,170,495.04 


1,061,640,000.00 


1999 


55,716,703.16 


48,140,000.00 


103,856,703.16 


1,013,500,000.00 


2000 


53,664,640.03 


50,770,000.00 


104,434,640.03 


1,002,730,000.00 


2001 


51,746,285.04 


53,780,000.00 


105,526,285.04 


978,950,000.00 


2002 


50,471,237.54 


55,155,000.00 


105,626,237.54 


923,795,000.00 


2003 


43,333,078.51 


52,155,000.00 


95,488,078.51 


900,745,000.00 


2004 


40,611,681.31 


40,015,000.00 


80,626,681.31 


855,115,000.00 


2005 


39,588,747.56 


55,560,000.00 


95,148,747.56 


790,910,000.00 


2006 


34,634,430.45 


50,975,000.00 


85,609,430.45 


739,935,000.00 


2007 


33,999,101.28 


55,420,000.00 


89,419,101.28 


684,515,000.00 


2008 


32,303,819.82 


66,395,000.00 


98,698,819.82 


666,165,000.00 


2009 


30,294,838.78 


65,055,000.00 


95,349,838.78 


600,075,000.00 


2010 


26,897,663.78 


71,165,000.00 


98,062,663.78 


528,910,000.00 


2011 


23,417,288.78 


68,615,000.00 


92,032,288.78 


460,295,000.00 


2012 


20,294,663.78 


58,040,000.00 


78,334,663.78 


402,255,000.00 


2013 


17,647,513.78 


51,790,000.00 


69,437,513.78 


350,465,000.00 


2014 


15,456,126.90 


46,445,000.00 


61,901,126.90 


304,020,000.00 


2015 


13,318,225.02 


48,855,000.00 


62,173,225.02 


255,165,000.00 


2016 


10,969,181.27 


48,230,000.00 


59,199,181.27 


206,935,000.00 


2017 


8,582,093.77 


49,230,000.00 


57,812,093.77 


157,705,000.00 


2018 


6,735,387.52 


26,025,000.00 


32,760,387.52 


131,680,000.00 


2019 


5,493,731.27 


24,600,000.00 


30,093,731.27 


107,080,000.00 


2020 


4,395,025.02 


23,505,000.00 


27,900,025.02 


83,575,000.00 


2021 


3,550,000.02 


16,385,000.00 


19,935,000.02 


67,190,000.00 


2022 


2,810,796.89 


17,115,000.00 


19,925,796.89 


50,075,000.00 


2023 


2,282,831.26 


6,100,000.00 


8,382,831.26 


43,975,000.00 


2024 


1,992,868.76 


6,400,000.00 


8,392,868.76 


37,575,000.00 


2025 


1,681,618.76 


6,715,000.00 


8,396,618.76 


30,860,000.00 


2026 


1,346,650.01 


6,730,000.00 


8,076,650.01 


24,130,000.00 


2027 


1,023,868.76 


4,640,000.00 


5,663,868.76 


19,490,000.00 




/ yo,o i o. / o 


H ,o/u,uuu.uu 


D,ODO,D I o. / D 


I ^,y^:U,UUU.UU 


2029 


618,168.76 


2,720,000.00 


3,338,168.76 


12,200,000.00 


2030 


492,956.26 


2,845,000.00 


3,337,956.26 


9,355,000.00 


2031 


361,893.76 


2,980,000.00 


3,341,893.76 


6,375,000.00 


2032 


222,809.38 


3,115,000.00 


3,337,809.38 


3,260,000.00 


2033 


75,387.50 


3,260,000.00 


3,335,387.50 






1,342,935,346.90 


1,534,864,240.00 


2,877,799,586.90 





-9- 



BOARD OF FUND COMMISSIONERS 



WATER POLLUTION CONTROL BONDS 



BONDS OUTSTANDING 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
ALL ISSUES 



AUTHORIZATION AMOUNT ISSUED: 


$594,494,240 






REFUNDING EXCESS: 




9,855,000 






DEFEASED AMOUNT: 




(80,000) 






FISCAL 


TOTAL 


TOTAL 


ANNUAL 


OUTSTANDING 


YEAR 


INTEREST 


PRINCIPAL 


DEBT SERVICE 


PRINCIPAL 


1972 


- 


- 


- 


- 


1973 


930,188.68 


570,000.00 


1,500,188.68 


19,430,000.00 


1974 


986,240.00 


485,000.00 


1,471,240.00 


26,945,000.00 


1975 


1,751,569.56 


705,000.00 


2,456,569.56 


41,240,000.00 


1976 


2,145,455.00 


1,105,000.00 


3,250,455.00 


40,135,000.00 


1977 


2,080,357.50 


1,160,000.00 


3,240,357.50 


70,469,240.00 


1978 


3,259,522.70 


2,129,240.00 


5,388,762.70 


68,340,000.00 


1979 


3,405,992.50 


2,240,000.00 


5,645,992.50 


66,100,000.00 


1980 


3,278,505.00 


2,355,000.00 


5,633,505.00 


63,745,000.00 


1981 


3,146,440.00 


2,475,000.00 


5,621,440.00 


81,270,000.00 


1982 


4,730,807.06 


3,135,000.00 


7,865,807.06 


78,135,000.00 


1983 


4,694,670.00 


3,165,000.00 


7,859,670.00 


94,970,000.00 


1984 


6,591,015.00 


3,580,000.00 


10,171,015.00 


101,390,000.00 


1985 


6,805,965.00 


3,915,000.00 


10,720,965.00 


117,475,000.00 


1986 


8,378,860.00 


4,325,000.00 


12,703,860.00 


113,150,000.00 


1987 


10,567,758.28 


4,650,000.00 


15,217,758.28 


168,500,000.00 


1988 


11,131,392.44 


4,840,000.00 


15,971,392.44 


202,235,000.00 


1989 


13,815,388.63 


6,805,000.00 


20,620,388.63 


195,430,000.00 


1990 


14,573,892.38 


7,225,000.00 


21,798,892.38 


223,205,000.00 


1991 


15,275,401.13 


8,240,000.00 


23,515,401.13 


214,965,000.00 


1992 


14,529,565.51 


8,770,000.00 


23,299,565.51 


245,095,000.00 


1993 


16,610,720.57 


10,110,000.00 


26,720,720.57 


274,020,000.00 


1994 


15,670,014.33 


11,540,000.00 


27,210,014.33 


302,670,000.00 


1995 


16,312,826.27 


13,690,000.00 


30,002,826.27 


318,980,000.00 


1996 


17,131,521.28 


13,880,000.00 


31,011,521.28 


305,100,000.00 


1997 


17,175,506.28 


14,790,000.00 


31,965,506.28 


325,310,000.00 


1998 


17,258,681.28 


12,605,000.00 


29,863,681.28 


347,705,000.00 


1999 


18,152,123.78 


14,210,000.00 


32,362,123.78 


333,495,000.00 


2000 


17,798,035.65 


14,525,000.00 


32,323,035.65 


338,970,000.00 


2001 


17,488,317.53 


15,690,000.00 


33,178,317.53 


343,280,000.00 


2002 


17,663,053.78 


16,375,000.00 


34,038,053.78 


326,905,000.00 


2003 


15,878,275.62 


15,325,000.00 


31,203,275.62 


336,490,000.00 


2004 


15,001,903.93 


12,470,000.00 


27,471,903.93 


322,135,000.00 


2005 


14,905,332.54 


13,075,000.00 


27,980,332.54 


304,190,000.00 


2006 


13,014,879.19 


11,130,000.00 


24,144,879.19 


293,060,000.00 


2007 


13,626,462.52 


11,735,000.00 


25,361,462.52 


281,325,000.00 


2008 


14,193,349.81 


13,895,000.00 


28,088,349.81 


317,350,000.00 


2009 


14,664,012.52 


14,270,000.00 


28,934,012.52 


303,080,000.00 


2010 


13,744,025.02 


22,825,000.00 


36,569,025.02 


280,255,000.00 


2011 


12,577,537.52 


24,370,000.00 


36,947,537.52 


255,885,000.00 


2012 


10,988,878.14 


40,235,000.00 


51,223,878.14 


215,650,000.00 


2013 


9,447,693.76 


24,270,000.00 


33,717,693.76 


191,380,000.00 


2014 


8,208,415.01 


31,895,000.00 


40,103,415.01 


159,485,000.00 


2015 


6,972,756.26 


23,695,000.00 


30,667,756.26 


135,790,000.00 


2016 


5,906,962.51 


21,815,000.00 


27,721,962.51 


113,975,000.00 


2017 


4,796,368.76 


24,470,000.00 


29,266,368.76 


89,505,000.00 


2018 


3,904,231.26 


12,515,000.00 


16,419,231.26 


76,990,000.00 


2019 


3,350,262.51 


10,395,000.00 


13,745,262.51 


66,595,000.00 


2020 


2,913,250.01 


8,640,000.00 


11,553,250.01 


57,955,000.00 


2021 


2,585,718.76 


6,705,000.00 


9,290,718.76 


51,250,000.00 


2022 


2,283,712.51 


7,005,000.00 


9,288,712.51 


44,245,000.00 


2023 


2,017,437.51 


4,760,000.00 


6,777,437.51 


39,485,000.00 


2024 


1,793,981.26 


4,990,000.00 


6,783,981.26 


34,495,000.00 


2025 


1,552,156.26 


5,235,000.00 


6,787,156.26 


29,260,000.00 


2026 


1,290,012.51 


5,410,000.00 


6,700,012.51 


23,850,000.00 


2027 


1,016,868.76 


4,360,000.00 


5,376,868.76 


19,490,000.00 


2028 


793,618.76 


4,570,000.00 


5,363,618.76 


14,920,000.00 


2029 


618,168.76 


2,720,000.00 


3,338,168.76 


12,200,000.00 


2030 


492,956.26 


2,845,000.00 


3,337,956.26 


9,355,000.00 


2031 


361,893.76 


2,980,000.00 


3,341,893.76 


6,375,000.00 


2032 


222,809.38 


3,115,000.00 


3,337,809.38 


3,260,000.00 


2033 


75,387.50 


3,260,000.00 


3,335,387.50 




TOTAL 


502,539,106.00 


604,269,240.00 


1,106,808,346.00 





-5- 



STORMWATER CONTROL BONDS 
DEBT SERVICE SCHEDULE 
ALL ISSUES 

AUTHORIZATION AMOUNT ISSUED: 

REFUNDING EXCESS: 
DEFEASED AMOUNT: 



FISCAL 


TOTAL 


YEAR 


INTEREST 


2000 


541,461.88 


2001 


1,070,352.51 


2002 


1,535,101.26 


2003 


1,820,680.01 


2004 


2,093,433.76 


2005 


2,037,133.76 


2006 


1,712,090.83 


2007 


1,899,170.00 


2008 


1 ,821 ,776.25 


2009 


1,754,907.50 


2010 


1,702,470.00 


2011 


1,625,832.50 


2012 


1,510,548.13 


2013 


1,341,988.76 


2014 


1,146,208.76 


2015 


933,193.76 


2016 


720,443.76 


2017 


592,700.01 


2018 


543,131.26 


2019 


494,068.76 


2020 


442,312.51 


2021 


387,156.26 


2022 


328,409.38 


2023 


265,393.75 


2024 


198,887.50 


2025 


129,462.50 


2026 


56,637.50 


2027 


7,000.00 



TOTAL 28,711,952.86 



$45,000,000 

(420,000) 
(1,875,000) 



TOTAL 


ANNUAL 


OUTSTANDING 


PRINCIPAL 


DEBT SERVICE 


PRINCIPAL 


- 


541,461.88 


20,000,000.00 


445,000.00 


1,515,352.51 


29,555,000.00 


695,000.00 


2,230,101.26 


28,860,000.00 


725,000.00 


2,545,680.01 


43,135,000.00 


1,095,000.00 


3,188,433.76 


42,040,000.00 


1,145,000.00 


3,182,133.76 


40,475,000.00 


650,000.00 


2,362,090.83 


39,825,000.00 


680,000.00 


2,579,170.00 


39,145,000.00 


705,000.00 


2,526,776.25 


36,565,000.00 


730,000.00 


2,484,907.50 


35,835,000.00 


1,405,000.00 


3,107,470.00 


34,430,000.00 


1,690,000.00 


3,315,832.50 


32,740,000.00 


3,205,000.00 


4,715,548.13 


29,535,000.00 


3,850,000.00 


5,191,988.76 


25,685,000.00 


4,255,000.00 


5,401,208.76 


21,430,000.00 


4,540,000.00 


5,473,193.76 


16,890,000.00 


4,215,000.00 


4,935,443.76 


12,675,000.00 


1,010,000.00 


1,602,700.01 


11,665,000.00 


1,060,000.00 


1,603,131.26 


10,605,000.00 


1,110,000.00 


1,604,068.76 


9,495,000.00 


1,165,000.00 


1,607,312.51 


8,330,000.00 


1,220,000.00 


1,607,156.26 


7,110,000.00 


1,280,000.00 


1,608,409.38 


5,830,000.00 


1,340,000.00 


1,605,393.75 


4,490,000.00 


1,410,000.00 


1,608,887.50 


3,080,000.00 


1,480,000.00 


1,609,462.50 


1,600,000.00 


1,320,000.00 


1,376,637.50 


280,000.00 


280,000.00 


287,000.00 




42,705,000.00 


71,416,952.86 





-8- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$20,000,000 
SERIES A 2001 



DATED June 1,2001 

SALE DATE May 31, 2001 

INTEREST PAYMENT DATES June 1 and December 1 commencing December 1 , 2001 

PRINCIPAL PAYMENT DATE June 1 commencing June 1 , 2002 

TRUE INTEREST COST 4.942021 % 

BOND COUNSEL Hardwick Law Firm, LLC and McDowell, Rice, Smith & Gaar, PC 

FINANCIAL ADVISOR Griffin, Kubik, Stephens & Thompson, Inc. 

UNDERWRITER MANAGER UBS Paine-Webber, Inc. 

PAYING AGENT UMB Bank, n.a. of Kansas City, MO 



AUTHORIZATION - 




- Article III, 


Section 37(e) 


-$10,000,000 










Section 37(g) 


-$10,000,000 




Maturities and Interest Rates 










Year 


Amount 


Rate 


Year 


Amount 


Rate 


2002 $ 


470,000 


4.000% 


2015 


$ 780,000 


4.75% 


2003 


485,000 


4.000% 


2016 


815,000 


4.75% 


2004 


500,000 


4.000% 


2017 


855,000 


5.00% 


2005 


520,000 


4.000% 


2018 


895,000 


5.00% 


2006 


540,000 


4.125% 


2019 


940,000 


5.00% 


2007 


560,000 


4.250% 


2020 


985,000 


5.00% 


2008 


580,000 


4.000% 


2021 


1,035,000 


5.00% 


2009 


605,000 


7.000% 


2022 


1,085,000 


5.00% 


2010 


630,000 


7.000% 


2023 


1,145,000 


5.00% 


2011 


655,000 


5.000% 


2024 


1,200,000 


5.00% 


2012 


680,000 


4.500% 


2025 


1,260,000 


5.00% 


2013 


710,000 


4.600% 


2026 


1,325,000 


5.00% 


2014 


745,000 


4.700% 








Redemption 













At the option of the Board, bonds maturing on June 1, 2012 and thereafter may be called for 
redemption and payment prior to maturity on June 1 , 201 1 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



-10- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$20,000,000 
SERIES A 2001 



Redemption (continued) 

The bonds maturing June 1 , 2023 and June 1 , 2026, shall be subject to mandatory redemption 
at par plus accrued interest to the date of redemption on the following dates and in the following 
principal amounts: 

June 1, 2023 Term Bond 
Redemption Dates Principal Amount 

June 1,2022 $1,085,000 
(Leaving $1 ,145,000 to mature on its stated maturity on June 1 , 2023) 

June 1, 2026 Term Bond 

Redemption Dates Principal Amount 

June 1,2024 $1,200,000 
June 1,2025 $1,260,000 

(Leaving $1 ,325,000 to mature on its stated maturity on June 1 , 2026) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given 
by United States first class, certified or registered mail addressed to the State Auditor of Missouri, 
to the registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the 
date fixed for redemption. 

Defeasance 

On August 1, 2007, $80,000 of outstanding Series A 2001 Bonds maturing on June 1, 2026 
were defeased. The available funds were deposited in an escrow fund with UMB Bank, n.a. of 
Kansas City. The moneys in the fund will be used to pay principal and interest on the defeased 
bonds, which are deemed legally defeased. 



- 11 - 



WATER POLLUTION CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES: A 2001 

DATE OF ISSUE: 6/1/01 

AMOUNT OF ISSUE: $20,000,000 

DEFEASED AMOUNT: $(80,000) 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 1 1 1 1 1 


PRINCIPAL 

1 1 III <l Vw/ 1 1 1 \ 1 


ANNUAL 

1 VI ^11 *J ^w/ / V 1_ 


OUTSTANDING 


YEAR 


12/1 


6/1 


6/1 


DEBT SERVICE 

J — / 1— 1 } 1 \J 1 1 l V 1 Vw/ 1— 


PRINCIPAL 

1 1 l 1 1 N Vw/ 1 1 / \ 1 


2001 










20 000 000 00 


2002 


488 881 25 


488 881 25 

" W . W W 1 .t—\J 


470 000 00 

i / w ,WWW -WW 


1 447 762 50 

1 j 1 " / , / \J £_ m WW 


19 530 000 00 


2003 


479 481 25 


479 481 25 

^ 1 W^^W 1 . L— \-f 


485 000 00 

i U \J , WWW - WW 


1 443 962 50 


19 045 000 00 


2004 


469 781 25 


469 781 25 


500 000 00 

WW W j W UU. WW 


1 439 562 50 


18 545 000 00 

1 U]U^iJ|UUU.UU 


2005 


459 781 25 


459 781 25 


520 000 00 


1 439 562 50 


18 025 000 00 

1 W j ULJ j W W W • W W 


2006 


449 381 25 


449 381 25 


540 000 00 


1 438 762 50 

1 j^UUj / Wt_.WW 


17 485 000 00 


2007 


438 243 75 


438 243 75 


560 000 00 

WWW j WWW- WW 


1 436 487 50 


16 925 000 00 


2008 


424 343 75 


424 343 75 


580 000 00 

WWW 5 WWW.WW 


1 428 687 50 

1 ,T^t-WjWWf .WW 


16 265 000 00 

1 W 5 1— WWj WW W . WW 


2009 


412 743 75 


412 743 75 


605 000 00 

WWW 5 WWW.WW 


1 430 487 50 

1 ,T^WWjT^W/ .WW 


1 5 660 000 00 

1 w/jWWW^WWW.WW 


2010 


391 568 75 


391 568 75 

WW 1 ,iJUU. / W 


630 000 00 

WWW 5 WWW.WW 


1 413 137 50 


1 5 030 000 00 

1 W)WWW 5 WWW.WW 


201 1 


369 518 75 


369 518 75 

UuJ.u 1 VJ . / W 


655 000 00 

WWW 5 WWW.WW 


1 394 037 50 

1 |U<JT^)Uvi .WW 


1 4 375 000 00 

1 / v/jWWW.WW 


2012 


353 1 43 75 


353 1 43 75 


680 000 00 

WWW 5 WWW.WW 


1 386 287 50 


1 3 695 000 00 

1 W)WW«w/jWWW.WW 


2013 


337 843 75 


337 843 75 

\J\J 1 . W I W . / W 


710 000 00 

I 1 W 5 WWW.WW 


1 385 687 50 

1 5 WWW 5 WW/ - v-/ v-/ 


1 2 985 000 00 

1 t-,WWW)WWW.WW 


2014 


321 513 75 

\Jt— 1 - ' 1 W • 1 W 


321 513 75 

>-J C— 1 j W 1 w . f W 


745 000 00 


1 388 027 50 


1 2 240 000 00 

1 £— W ? W W W ■ W W 


2015 


304 006 25 


304 006 25 

*J\J~ ^ W WW .t-W 


780 000 00 


1 388 012 50 


1 1 460 000 00 

1 1 ,T^WWjWWW.WW 


2016 


285,481.25 


285,481 .25 


815,000.00 


1,385,962.50 


10,645,000.00 


2017 


266,125.00 


266,125.00 


855,000.00 


1,387,250.00 


9,790,000.00 


2018 


244,750.00 


244,750.00 


895,000.00 


1,384,500.00 


8,895,000.00 


2019 


222,375.00 


222,375.00 


940,000.00 


1,384,750.00 


7,955,000.00 


2020 


198,875.00 


198,875.00 


985,000.00 


1,382,750.00 


6,970,000.00 


2021 


174,250.00 


174,250.00 


1,035,000.00 


1,383,500.00 


5,935,000.00 


2022 


148,375.00 


148,375.00 


1,085,000.00 


1,381,750.00 


4,850,000.00 


2023 


121,250.00 


121,250.00 


1,145,000.00 


1,387,500.00 


3,705,000.00 


2024 


92,625.00 


92,625.00 


1,200,000.00 


1,385,250.00 


2,505,000.00 


2025 


62,625.00 


62,625.00 


1,260,000.00 


1,385,250.00 


1,245,000.00 


2026 


31,125.00 


31,125.00 


1,245,000.00 


1,307,250.00 




TOTAL 


7,548,088.75 


7,548,088.75 


19,920,000.00 


35,016,177.50 





- 12 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$30,000,000 
SERIES A 2002 



DATED August 1 , 2002 

SALE DATE August 6, 2002 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 2003 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 2003 

TRUE INTEREST COST 4.5091 32% 

BOND COUNSEL Hardwick Law Firm, LLC and McDowell, Rice, Smith & Gaar, PC 

FINANCIAL ADVISOR UMB Bank, n.a. 

UNDERWRITER MANAGER Banc of America Securities, LLC 

PAYING AGENT UMB Bank, n.a. of Kansas City, MO 

AUTHORIZATION Article III, Section 37(e) - $15,000,000 

Section 37(g) -$15,000,000 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


2003 


$ 695,000 


3.000% 


2016 


$ 1,170,000 


5.250% 


2004 


725,000 


3.000% 


2017 


1,220,000 


4.250% 


2005 


765,000 


3.000% 


2018 


1,275,000 


4.250% 


2006 


800,000 


3.000% 


2019 


1,335,000 


4.375% 


2007 


830,000 


3.250% 


2020 


1,400,000 


4.500% 


2008 


860,000 


3.500% 


2021 


1,465,000 


4.625% 


2009 


885,000 


3.500% 


2022 


1,540,000 


4.875% 


2010 


920,000 


3.500% 


2023 


1,615,000 


4.750% 


2011 


955,000 


3.625% 


2024 


1,700,000 


4.750% 


2012 


990,000 


4.000% 


2025 


1,785,000 


4.750% 


2013 


1,030,000 


4.000% 


2026 


1,875,000 


5.000% 


2014 


1,075,000 


4.000% 


2027 


1,970,000 


5.000% 


2015 


1,120,000 


4.250% 








Redemption 













At the option of the Board, bonds maturing on August 1 , 2013 and thereafter may be called for 
redemption and payment prior to maturity on August 1 , 2012 and thereafter, in whole at any time or 
in part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



-13- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$30,000,000 
SERIES A 2002 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given 
by United States first class, certified or registered mail addressed to the State Auditor of Missouri, 
to the registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the 
date fixed for redemption. 



- 14- 



WATER POLLUTION CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES: A 2002 

DATE OF ISSUE: 8/1/02 

AMOUNT OF ISSUE: $30,000,000 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 1 1 1 1 1 


PRINCIPAL 

1 1 III v Vw/ 1 1 1 \ 1 


ANNUAL 

1 VI ^11 YUf VI— 


OUTSTANDING 


YEAR 


8/1 


2/1 


8/1 


DEBT SERVICE 

1 ' 1 1 ' 1 w 1 1 1 V 1 VJ 1 


PRINCIPAL 

1 1 1 1 1 N Vw/ 1 1 r\L 


2003 




641 009 38 

\Ji 1 , W W . W V_< 




641 009 38 


30 000 000 00 


2004 


641 009 "38 


630 584 38 


695 000 00 

KJ^yJ ,\J\J\J .\J\J 


1 966 593 76 


29 305 000 00 

C-\J ,\J\J\J , VJ VJ VJ .VJVJ 


2005 


630 584 38 


619 709 38 


725 000 00 


1 975 293 76 


28 580 000 00 

L—KJ j \J\J\J ( Uvv. VSVJ 


2006 


619 709 38 


608 234 38 


765 000 00 

/ \J\J ,\J\J\J .\J\J 


1 992 943 76 


27 81 5 000 00 

/ , U 1 0,vjvjv_/.v_;v_/ 


2007 


608 234 38 


596 234 38 


800 000 00 


2 004 468 76 


27 015 000 00 


2008 


596 234 38 


582 746 88 

JUL, / tU.UU 


830 000 00 


2 008 981 26 


26 185 000 00 

£- VJ . I Vj \J , VJVJVJ . VJVJ 


2009 


582 746 88 


567 696 88 


860 000 00 


2 010 443 76 

L_ . W 1 V_/ . 1 ^ ^ ■ / V-/ 


25 325 000 00 

C-sJ^vJC-sJjV/V/V-V/V/ 


2010 


567 696 88 


552 209 38 


885 000 00 

*J\J\J ,\J\J\J .\J\J 


2 004 906 26 


24 440 000 00 

t.*T, *■+*-(■ VJ ,\J\J\J .\J\J 


201 1 


552 209 38 


536 109 38 


920 000 00 


2 008 318 76 

L,WWU,iJ 1 VJ . / \J 


23 520 000 00 


2012 


536 109 38 


518 800 00 


955 000 00 


2 009 909 38 


22 565 000 00 

£.£.5V^UvJ 5 VJvjvj.vjvj 


2013 


518 800 00 

ij 1 VJ j VJ \J \s • \J \J 


499 000 00 


990 000 00 


2 007 800 00 


21 575 000 00 

L— 1 j \J I \J )\J\J\J .\J\J 


2014 


499 000 00 


478 400 00 


1 030 000 00 


2 007 400 00 

L- . \J \J 1 , *TVJVJ,VJVJ 


20 545 000 00 

t— \J . \J'-r\J , VJ Vj v_/ . vj v_/ 


2015 


478 400 00 


456 900 00 


1 075 000 00 


2 010 300 00 


19 470 000 00 


2016 


456 900 00 


433 1 00 00 


1 120 000 00 

1 , 1 C-\J , \J\J\J . \J\J 


2 010 000 00 

L,U 1 VJ j VJVJVJ , VJVJ 


18 350 000 00 

1 Vj,OvJVJ 5 VJVJVJ.VJVJ 


2017 


433 1 00 00 


402 387 50 


1 1 70 000 00 


2 005 487 50 


17 180 000 00 


2018 


402 387 50 


376 462 50 


1 220 000 00 


1 998 850 00 

1 , &Z/\J , \J\J\J . VJ VJ 


1 5 960 000 00 


2019 


376,462.50 


349,368.75 


1,275,000.00 


2,000,831.25 


14,685,000.00 


2020 


349,368.75 


320,165.63 


1,335,000.00 


2,004,534.38 


13,350,000.00 


2021 


320,165.63 


288,665.63 


1,400,000.00 


2,008,831.26 


11,950,000.00 


2022 


288,665.63 


254,787.50 


1,465,000.00 


2,008,453.13 


10,485,000.00 


2023 


254,787.50 


217,250.00 


1,540,000.00 


2,012,037.50 


8,945,000.00 


2024 


217,250.00 


178,893.75 


1,615,000.00 


2,011,143.75 


7,330,000.00 


2025 


178,893.75 


138,518.75 


1,700,000.00 


2,017,412.50 


5,630,000.00 


2026 


138,518.75 


96,125.00 


1,785,000.00 


2,019,643.75 


3,845,000.00 


2027 


96,125.00 


49,250.00 


1,875,000.00 


2,020,375.00 


1,970,000.00 


2028 


49,250.00 




1,970,000.00 


2,019,250.00 




TOTAL 


10,392,609.43 


10,392,609.43 


30,000,000.00 


50,785,218.86 





- 15 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$147,710,000 
SERIES B 2002 REFUNDING 



DATED October 1 5, 2002 

SALE DATE September 26, 2002 

INTEREST PAYMENT DATES April 1 and October 1 commencing April 1 , 2003 

PRINCIPAL PAYMENT DATE October 1 commencing October 1 , 2004 

TRUE INTEREST COST 3.431 555% 

BOND COUNSEL Gilmore & Bell, PC & The Martinez Law Firm, LLC 

FINANCIAL ADVISOR US Bankcorp Piper Jaffray, Inc. 

UNDERWRITER MANAGER Goldman Sachs & Company 

PAYING AGENT/ESCROW AGENT -- First Bank of Missouri, Gladstone, MO 

ESCROW VERIFICATION AGENT McGladrey & Pullen, LLP, CPA, Kansas City, MO 



Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


2003 


$ 




2013 


$ 7,150,000 


3.375% 


2004 


5,630,000 


4.000% 


2014 


7,465,000 


5.000% 


2005 


9,825,000 


5.000% 


2015 


7,870,000 


5.000% 


2006 


10,375,000 


5.000% 


2016 


8,290,000 


5.000% 


2007 


12,485,000 


4.000% 


2017 


8,740,000 


5.000% 


2008 


11,700,000 


5.000% 


2018 


6,445,000 


5.000% 


2009 


12,305,000 


5.000% 


2019 


4,505,000 


4.125% 


2010 


12,990,000 


5.000% 


2020 


2,370,000 


4.250% 


2011 


8,320,000 


5.000% 


2021 


2,470,000 


4.500% 


2012 


8,775,000 


5.000% 








Redemption 













At the option of the Board, bonds maturing on October 1 , 2013 and thereafter may be called for 
redemption and payment prior to maturity on October 1 , 2012 and thereafter, in whole at any time or 
in part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



-16- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$147,710,000 
SERIES B 2002 REFUNDING 



Note 



The Series B 2002 Refunding Bonds were issued to refund the following bonds: 





Outstanding 


Principal 


Maturities 


Series 


Principal 


Refunded 


Refunded 


C 1991 Refunding 


$21,875,000 


$21,875,000 


2002-2012 


A 1992 


26,560,000 


26,560,000 


2003-2017 


B 1992 Refunding 


33,595,000 


33,595,000 


2003-2010 


A 1993 


23,295,000 


22,350,000 


2004-2018 


A 1995 


25,230,000 


22,520,000 


2006-2020 


A 1996 


30,025,000 


25,900,000 


2007-2021 






$152,800,000 





The additional principal amount of the Series B 2002 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Water Pollution Control Bonds. 



- 17- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: B 2002 REFUNDING 
DATE OF ISSUE: 10/15/02 
AMOUNT OF ISSUE: $147,710,000 



(Refunded C1991 Refunding, A1992, B1992 Refunding, 
A1993, A1995, A1996) 

Refunding Excess: $ (5,090,000.00) 



FISCAL 


INTEREST 


INTEREST 


PRINCIPAL 


ANNUAL 


OUTSTANDING 


YEAR 


10/1 


4/1 


10/1 


DEBT SERVICE 


PRINCIPAL 


2003 




3,236,363.09 




3,236,363.09 


147,710,000.00 


2004 


3,509,309.38 


3,509,309.38 




7,018,618.76 


147,710,000.00 


2005 


3,509,309.38 


3,396,709.38 


5,630,000.00 


12,536,018.76 


142,080,000.00 


2006 


3,396,709.38 


3,151,084.38 


9,825,000.00 


16,372,793.76 


132,255,000.00 


2007 


3,151,084.38 


2,891,709.38 


10,375,000.00 


16,417,793.76 


121,880,000.00 


2008 


2,891,709.38 


2,642,009.38 


12,485,000.00 


18,018,718.76 


109,395,000.00 


2009 


2,642,009.38 


2,349,509.38 


11,700,000.00 


16,691,518.76 


97,695,000.00 


2010 


2,349,509.38 


2,041,884.38 


12,305,000.00 


16,696,393.76 


85,390,000.00 


2011 


2,041,884.38 


1,717,134.38 


12,990,000.00 


16,749,018.76 


72,400,000.00 


2012 


1,717,134.38 


1,509,134.38 


8,320,000.00 


11,546,268.76 


64,080,000.00 


2013 


1,509,134.38 


1,289,759.38 


8,775,000.00 


11,573,893.76 


55,305,000.00 


2014 


1,289,759.38 


1,169,103.13 


7,150,000.00 


9,608,862.51 


48,155,000.00 


2015 


1,169,103.13 


982,478.13 


7,465,000.00 


9,616,581.26 


40,690,000.00 


2016 


982,478.13 


785,728.13 


7,870,000.00 


9,638,206.26 


32,820,000.00 


2017 


785,728.13 


578,478.13 


8,290,000.00 


9,654,206.26 


24,530,000.00 


2018 


578,478.13 


359,978.13 


8,740,000.00 


9,678,456.26 


15,790,000.00 


2019 


359,978.13 


198,853.13 


6,445,000.00 


7,003,831.26 


9,345,000.00 


2020 


198,853.13 


105,937.50 


4,505,000.00 


4,809,790.63 


4,840,000.00 


2021 


105,937.50 


55,575.00 


2,370,000.00 


2,531,512.50 


2,470,000.00 


2022 


55,575.00 




2,470,000.00 


2,525,575.00 




TOTAL 


32,243,684.46 


31,970,738.17 


147,710,000.00 


211,924,422.63 





- 18 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 





$74,655,000 (Partially Refunded) 




SERIES A 2003 REFUNDING 




DATED ----- 


— - October 29, 2003 




SALE DATE 


October 7, 2003 




INTEREST PAYMENT DATES 


February 1 and August 1 commencing February 1 , 2004 


PRINCIPAL PAYMENT DATE 


— - August 1 commencing August 1 , 2004 




TRUE INTEREST COST 


2.684788% 




BOND COUNSEL 


-— Gilmore & Bell, PC & The Martinez Law Firm, 


LLC 


FINANCIAL ADVISOR 


Banc of America Securities, LLC & The Knight Group, Inc. 


UNDERWRITER MANAGER 


— - Merrill Lynch & Company 




PAYING AGENT/ESCROW AGENT - 


----- UMB Bank, n.a. of Kansas City, MO 




Maturities and Interest Rates 






Year Amount 


Rate Year Amount 


Rate 


2004 $ 2,715,000 


6.000% 2011 $ 5,515,000 


3.250% 


2005 8,040,000 


4.000% 2012 5,710,000 


3.500% 


2006 8,410,000 


5.000% 2013 4,875,000 


3.500% 


2007 8,850,000 


5.000% 2014 5,060,000 


3.750% 


2008 8,615,000 


5.000% 2015 2,330,000 


3.875% 


2009 6,825,000 


5.000% 2016 2,430,000 


4.000% 


2010 5,280,000 


5.000% 




Redemption 







At the option of the Board, bonds maturing on August 1, 2014 and thereafter may be called for 
redemption and payment prior to maturity on August 1 , 2013 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



- 19 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$74,655,000 
SERIES A 2003 REFUNDING 



(Partially Refunded) 



Note 



The Series A 2003 Refunding Bonds were issued to refund the following bonds: 



Series 



Outstanding 
Principal 



Principal 
Refunded 



Maturities 
Refunded 



B 1993 Refunding 



$76,540,000 



$76,540,000 



2004-2016 



The additional principal amount of the Series A 2003 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Water Pollution Control Bonds. 



On June 29, 2005, $51,535,000 of outstanding Series A 2003 Refunding Bonds were refunded 
with the issuance of Series A 2005 Refunding Bonds. The proceeds of the refunding bonds were 
deposited in an escrow fund with UMB Bank. The money in the escrow fund is to be used to pay the 
principal and interest on the Series A 2003 Refunding Bonds. With the deposit of these moneys in 
the escrow fund, maturities 2005-201 1 of the Series A 2003 Refunding Bonds were legally defeased. 



Defeasance 



-20 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES A 2003 REFUNDING 
DATE OF ISSUE: 10/29/03 
AMOUNT OF ISSUE: $74,655,000 



(Refunded B1993Refunding) 

(FY06-FY12 refunded with Series A 2005)* 
Refunding Excess: $(1,885,000.00) 



FISCAL 


INTEREST 


INTEREST 


PRINCIPAL 


A MM| 1 A 1 

ANNUAL 


OUTSTANDING) 


YEAR 


8/1 


2/1 


8/1 


DEBT SERVICE 


PRINCIPAL 


nnn A 

2004 




6 /i r nno on — 

846,003.89 




6 An nno on — 

846,003.89 


-7/1 ncc nnn nn — 

74,655,000.00 


2005 


1 ,655,225.00 


1 ,573,775.00 


2,715,000.00 


5,944,000.00 


20,405,000.00 


2006 


373,856.25 


O "70 OCT nr 

373,856.25 




1 4/ ,1 12.50 


20,405,000.00 


2007 


373,856.25 


373,856.25 




141 ,712.50 


20,405,000.00 




Of 0,000.*iO 


O / 0,OOD.£iO 






on Adt^ nnn nn 


2009 


373,856.25 


373,856.25 


- 


747,712.50 


20,405,000.00 


2010 


373 856 25 


373 856 25 




747 712 50 


20 405 000 00 


2011 


373,856.25 


373,856.25 


- 


747,712.50 


20,405,000.00 


2012 


373 856 25 


373 856 25 




747 712 50 


20 405 000 00 

£_ W j'\J \J , WWW. WW 


2013 


373,856.25 


273,931.25 


5,710,000.00 


6,357,787.50 


14,695,000.00 


2014 


273,931.25 


188,618.75 


4,875,000.00 


5,337,550.00 


9,820,000.00 


2015 


188,618.75 


93,743.75 


5,060,000.00 


5,342,362.50 


4,760,000.00 


2016 


93,743.75 


48,600.00 


2,330,000.00 


2,472,343.75 


2,430,000.00 


2017 


48,600.00 




2,430,000.00 


2,478,600.00 




TOTAL 


5,250,968.75 


5,641,666.39 


23,120,000.00 


34,012,635.14 






* Amount Refunded: 


$51,535,000 









-21 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$95,100,000 
SERIES A 2005 REFUNDING 



DATED June 29, 2005 

SALE DATE June 21, 2005 

INTEREST PAYMENT DATES October 1 and April 1 commencing October 1 , 2005 

PRINCIPAL PAYMENT DATE October 1 commencing October 1 , 2009 

TRUE INTEREST COST 3.379349% 

BOND COUNSEL Gilmore & Bell, PC & The Martinez Law Firm, LLC 

FINANCIAL ADVISOR Columbia Capital Management, LLC 

UNDERWRITER MANAGER jp Morgan Securities Inc. 

PAYING AGENT/ESCROW AGENT ----- UMB Bank, n.a. of Kansas City, MO 
Maturities and Interest Rates 

Year Amount Rate Year Amount Rate 



2009 $ 7,850,000 5.000% 2013 $ 16,710,000 5.000% 

2010 8,595,000 5.000% 2014 7,865,000 5.000% 

2011 29,015,000 5.000% 2015 8,165,000 5.000% 

2012 6,760,000 5.000% 2016 10,140,000 5.000% 

Redemption 

The Water Pollution Control Series A 2005 Refunding Bonds are not subject to optional redemption 
prior to maturity. 

Note 

The Series A 2005 Refunding Bonds were issued to refund the following bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

A 1996 $2,160,000 $2,160,000 2005-2006 

A 1998 $28,680,000 $28,680,000 2006-2023 

A 1999 $17,595,000 $17,595,000 2005-2024 

A 2003 Refunding $71 ,940,000 $51,535,000 2005-2011 

$120,375,000 $99,970,000 



The additional principal amount of the Series A 2005 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Water Pollution Control Bonds. 



-22- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES A 2005 REFUNDING 
DATE OF ISSUE: 6/29/05 
AMOUNT OF ISSUE: $95,100,000 



FISCAL 


INTFRF9T 

1 1 >l 1 1 III O 1 


INTFRF^T 

1 IN 1 LnLO 1 


YEAR 


1 n/1 


4/1 










1 ?1 S 1 fifi R7 

1 , C 1 J, 1 uu.u/ 


? ?77 son no 


?no7 


9 177 son nn 

£.,0/ / ,JUU.UU 


? ^77 son no 

£.,0/ / ,JUU.UU 


2008 


2,377,500.00 


2,377,500.00 


2009 


2,377,500.00 


2,377,500.00 


2010 


2,377,500.00 


2,181,250.00 


2011 


2,181,250.00 


1,966,375.00 


2012 


1,966,375.00 


1,241,000.00 


2013 


1,241,000.00 


1,072,000.00 


2014 


1,072,000.00 


654,250.00 


2015 


654,250.00 


457,625.00 


2016 


457,625.00 


253,500.00 


2017 


253,500.00 




TOTAL 


18,551,166.67 


17,336,000.00 



(Refunded A96,A98,A99 & A03(2006-2012) 



Refunding Excess: $(4,870,000.00) 



PRINPIPAI 
r niiNvirrtL 


ANMI IAI 
mini 1 


01 iT^TAMniMf^ 

W 1 O 1 rtl N U 1 INVJl 


i \ji i 


l_/ 1 LJ 1 Ol 1 l V 1 \j 1 


PRINriPAl 

r n 1 1 n \j 1 1 / \ 1 






1 nn nnn nn 




^ SQP fififi fi7 


1 nn nnn nn 




d 75^ nnn nn 


1 nn nnn nn 




4,755,000.00 


95,100,000.00 




4,755,000.00 


95,100,000.00 


7,850,000.00 


12,408,750.00 


87,250,000.00 


8,595,000.00 


12,742,625.00 


78,655,000.00 


29,015,000.00 


32,222,375.00 


49,640,000.00 


6,760,000.00 


9,073,000.00 


42,880,000.00 


16,710,000.00 


18,436,250.00 


26,170,000.00 


7,865,000.00 


8,976,875.00 


18,305,000.00 


8,165,000.00 


8,876,125.00 


10,140,000.00 


10,140,000.00 


10,393,500.00 




95,100,000.00 


130,987,166.67 





-23 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$50,000,000 
SERIES A 2007 

DATED - - November 28, 2007 

SALE DATE - November 1 4, 2007 

INTEREST PAYMENT DATES June 1 and December 1 commencing June 1 , 2008 

PRINCIPAL PAYMENT DATE December 1 commencing December 1 , 2008 

TRUE INTEREST COST 4.455647% 

BOND COUNSEL Harwick Law Firm, LLC and Kutak Rock, LLP 

FINANCIAL ADVISOR UMB Bank, n.a. 

UNDERWRITER MANAGER Wachovia Bank, National Association 

PAYING AGENT UMB Bank, n.a. 

AUTHORIZATION Article III, Section 37(e) - $26,000,000 

Section 37(g) - $24,000,000 

Maturities and Interest Rates 



Year Amount 



2008 $ 1,105,000 

2009 1,155,000 

2010 1,210,000 

2011 1,265,000 

2012 1,325,000 

2013 1,385,000 

2014 1,450,000 

2015 1,515,000 

2016 1,585,000 

2017 1,660,000 

2018 1,735,000 

2019 1,815,000 

2020 1,900,000 

Redemption 

At the option of the Board, bonds maturing on December 1, 2018 and thereafter may be called 
for redemption and payment prior to maturity, on December 1, 2017 and thereafter, in whole at any 
time or in part on any interest payment date, in inverse order of maturity (bonds of less than a full 
maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall designate), at 
a redemption price equal to 100% of the principal amount thereof, together with accrued interest 
thereon to the redemption date, without premium. Bonds of a particular series may be called 
independently of and without regard to Bonds of the other series. 



Rate 


Year 


Amount 


Rate 


5.000% 


2021 


$ 1,985,000 


4.125% 


4.000% 


2022 


2,075,000 


4.250% 


4.000% 


2023 


2,175,000 


4.250% 


4.000% 


2024 


2,275,000 


5.000% 


4.000% 


2025 


2,380,000 


5.000% 


4.000% 


2026 


2,485,000 


5.000% 


4.000% 


2027 


2,600,000 


5.000% 


4.000% 


2028 


2,720,000 


4.500% 


4.000% 


2029 


2,845,000 


4.500% 


4.000% 


2030 


2,980,000 


4.500% 


5.000% 


2031 


3,115,000 


4.625% 


4.000% 


2032 


3,260,000 


4.625% 


4.000% 









-24- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$50,000,000 
SERIES A 2007 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the Bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Mandatory Redemption 

The Bonds maturing on December 1 , 2030 and December 1 , 2032 shall be subject to mandatory 
redemption and payment prior to maturity pursuant to the mandatory redemption requirements of this 
paragraph at a redemption price equal to 100% of the principal amount thereof plus accrued interest 
to the redemption date. 



2030 Term Bonds 



Year 



Principal 
Amount 



2028 
2029 
2030 



$ 2,720,000 
2,845,000 
2,980,000 



2032 Term Bonds 



Year 



Principal 
Amount 



2031 
2032 



$ 3,115,000 
3,260,000 



-25- 



WATER POLLUTION CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES A 2007 

DATE OF ISSUE: 11/28/07 

AMOUNT OF ISSUE: $50,000,000 







IMTFRPQT 
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C70 /1QC QQ 

b/o,4yb.oo 


H DOC AAA AA 

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O 070 QO/1 OQ 

o,o/^,yo4.oo 


OQ QH A AAA AA 

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2025 


583,184.38 


526,309.38 


2,275,000.00 


3,384,493.76 


22,385,000.00 


2026 


526 309 38 


466 809 38 


2 380 000 00 


3 373 1 1 8 76 


20 005 000 00 


2027 


466,809.38 


404,684.38 


2,485,000.00 


3,356,493.76 


17,520,000.00 


2028 


404,684.38 


339,684.38 


2,600,000.00 


3,344,368.76 


14,920,000.00 


2029 


339,684.38 


278,484.38 


2,720,000.00 


3,338,168.76 


12,200,000.00 


2030 


278,484.38 


214,471.88 


2,845,000.00 


3,337,956.26 


9,355,000.00 


2031 


214,471.88 


147,421.88 


2,980,000.00 


3,341,893.76 


6,375,000.00 


2032 


147,421.88 


75,387.50 


3,115,000.00 


3,337,809.38 


3,260,000.00 


2033 


75,387.50 




3,260,000.00 


3,335,387.50 




TOTAL 


17,357,212.55 


17,375,724.84 


50,000,000.00 


84,732,937.39 





-26 - 



BOARD OF FUND COMMISSIONERS 



THIRD STATE BUILDING BONDS 



BONDS OUTSTANDING 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
ALL ISSUES 

AUTHORIZATION AMOUNT ISSUED: $600,000,000 

REFUNDING EXCESS: 36,225,000 



FISCAL 


TOTAL 


TOTAL 


ANNUAL 


OUTSTANDING 


YEAR 


INTEREST 


PRINCIPAL 


DEBT SERVICE 


PRINCIPAL 


1983 


- 


- 


- 


40,000,000.00 


1984 


4,842,987.50 


470,000.00 


5,312,987.50 


124,530,000.00 


1985 


11,034,230.00 


1,490,000.00 


12,524,230.00 


198,040,000.00 


1986 


17,725,712.50 


2,270,000.00 


19,995,712.50 


195,770,000.00 


1987 


30,902,276.22 


2,745,000.00 


33,647,276.22 


518,025,000.00 


1988 


36,209,164.83 


5,865,000.00 


42,074,164.83 


602,095,000.00 


1989 


44,179,397.16 


11,430,000.00 


55,609,397.16 


590,665,000.00 


1990 


43,153,872.16 


12,280,000.00 


55,433,872.16 


578,385,000.00 


1991 


42,050,290.91 


13,235,000.00 


55,285,290.91 


565,150,000.00 


1992 


37,998,667.16 


14,230,000.00 


52,228,667.16 


559,130,000.00 


1993 


36,585,883.33 


15,755,000.00 


52,340,883.33 


565,225,000.00 


1994 


32,547,322.96 


17,280,000.00 


49,827,322.96 


559,765,000.00 


1995 


30,798,942.51 


20,000,000.00 


50,798,942.51 


539,765,000.00 


1996 


29,172,938.76 


21,550,000.00 


50,722,938.76 


518,215,000.00 


1997 


27,523,861.26 


23,175,000.00 


50,698,861.26 


495,040,000.00 


1998 


25,883,931.26 


23,985,000.00 


49,868,931.26 


471,055,000.00 


1999 


24,158,196.88 


28,305,000.00 


52,463,196.88 


442,750,000.00 


2000 


22,248,060.00 


30,345,000.00 


52,593,060.00 


412,405,000.00 


2001 


20,471,257.50 


31,485,000.00 


51,956,257.50 


380,920,000.00 


2002 


18,933,312.50 


31,615,000.00 


50,548,312.50 


349,305,000.00 


2003 


14,477,728.61 


29,340,000.00 


43,817,728.61 


303,105,000.00 


2004 


13,017,349.86 


19,370,000.00 


32,387,349.86 


280,005,000.00 


2005 


12,602,912.50 


33,930,000.00 


46,532,912.50 


246,075,000.00 


2006 


10,925,562.50 


39,195,000.00 


50,120,562.50 


206,880,000.00 


2007 


8,974,287.50 


41,535,000.00 


50,509,287.50 


165,345,000.00 


2008 


6,981,862.50 


44,015,000.00 


50,996,862.50 


121,330,000.00 


2009 


4,979,687.50 


41,925,000.00 


46,904,687.50 


79,405,000.00 


2010 


3,016,187.50 


36,615,000.00 


39,631,187.50 


42,790,000.00 


2011 


1,297,937.50 


32,115,000.00 


33,412,937.50 


10,675,000.00 


2012 


375,631.25 


5,185,000.00 


5,560,631.25 


5,490,000.00 


2013 


128,100.00 


5,490,000.00 


5,618,100.00 




TOTAL 


613,197,552.62 


636,225,000.00 


1,249,422,552.62 





-6- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$211,630,000 
SERIES A 2002 REFUNDING 



DATED October 1 5, 2002 

SALE DATE September 26, 2002 

INTEREST PAYMENT DATES April 1 and October 1 commencing April 1 , 2003 

PRINCIPAL PAYMENT DATE October 1 commencing October 1 , 2003 

TRUE INTEREST COST 3.431 555% 

BOND COUNSEL Gilmore & Bell, PC & The Martinez Law Firm, LLC 

FINANCIAL ADVISOR US Bancorp Piper Jaffray, Inc. 

UNDERWRITER MANAGER Goldman Sachs & Company 

PAYING AGENT/ESCROW AGENT -- First Bank of Missouri, Gladstone, MO 

ESCROW VERIFICATION AGENT McGladrey & Pullen, LLP, CPA, Kansas City, MO 

Maturities and Interest Rates 

Year Amount Rate Year Amount Rate 

2003 $ 7,275,000 4.00% 2008 $ 27,765,000 5.00% 

2004 25,345,000 4.00% 2009 29,375,000 5.00% 

2005 25,800,000 5.00% 2010 31,010,000 5.00% 

2006 27,505,000 5.00% 2011 4,020,000 5.00% 

2007 29,265,000 4.00% 2012 4,270,000 5.00% 

Redemption 

At the option of the Board, bonds maturing on October 1, 2013 and thereafter may be called for 
redemption and payment prior to maturity on October 1 , 2012 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



-27- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$211,630,000 
SERIES A 2002 REFUNDING 



Note 

The Series A 2002 Refunding Bonds were issued to refund the following bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

B 1991 Refunding $47,320,000 $47,320,000 2002-2012 

A 1992 Refunding 181,170,000 181,170,000 2003-2010 

$228,490,000 



The additional principal amount of the Series A 2002 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Third State Building Bonds. 



-28- 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 2002 REFUNDING (Refunded B1 991 Refunding, A1 992 Refunding) 

DATE OF ISSUE: 10/15/02 

AMOUNT OF ISSUE: $21 1 ,630,000 Refunding Excess: $(1 6,860,000) 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 1 1 1 1 1 


PRINCIPAL 

1 1 III X \J 1 1 / V 1— 


ANNUAL 


OUTSTANDING 


YEAR 


10/1 


4/1 


10/1 


DEBT SERVICE 

\—f \ 1 > A V ' 1 1 I V 1 \J \ 


PRINCIPAL 

1 1 1 1 1 N W 1 1 1 \ \ 


2003 




4 593 888 61 




4 593 888 61 


21 1 630 000 00 


2004 


4,981,325.00 


4,835,825.00 


7,275,000.00 


17,092,150.00 


204,355,000.00 


2005 


4,835,825.00 


4,328,925.00 


25,345,000.00 


34,509,750.00 


179,010,000.00 


2006 


4,328,925.00 


3,683,925.00 


25,800,000.00 


33,812,850.00 


153,210,000.00 


2007 


3,683,925.00 


2,996,300.00 


27,505,000.00 


34,185,225.00 


125,705,000.00 


2008 


2,996,300.00 


2,411,000.00 


29,265,000.00 


34,672,300.00 


96,440,000.00 


2009 


2,411,000.00 


1,716,875.00 


27,765,000.00 


31,892,875.00 


68,675,000.00 


2010 


1,716,875.00 


982,500.00 


29,375,000.00 


32,074,375.00 


39,300,000.00 


2011 


982,500.00 


207,250.00 


31,010,000.00 


32,199,750.00 


8,290,000.00 


2012 


207,250.00 


106,750.00 


4,020,000.00 


4,334,000.00 


4,270,000.00 


2013 


106,750.00 




4,270,000.00 


4,376,750.00 




TOTAL 


26,250,675.00 


25,863,238.61 


211,630,000.00 


263,743,913.61 





-29 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$75,650,000 
SERIES A 2003 REFUNDING 



DATED 


- October 29, 2003 


SALE DATE 


- October 7, 2003 


INTEREST PAYMENT DATES 


February 1 and August 1 commencing February 1 , 2004 


PRINCIPAL PAYMENT DATE 


- August 1 commencing August 1 , 2004 


TRUE INTEREST COST 


- 2.684788% 


BOND COUNSEL 


-- Gilmore & Bell, PC & The Martinez Law Firm, LLC 


FINANCIAL ADVISORS 


- Banc of America Securities, LLC & The Knight Group, Inc. 


UNDERWRITER MANAGER 


- Merrill Lynch & Co. 


rAYINb AbLN 1 /LbUKUW AbLN 1 


- UMB Bank, n.a. of Kansas City, MO 


Maturities and Interest Rates 




Year Amount 


Rate Year Amount Rate 


2004 $ 8,585,000 


6.000% 2009 $ 7,240,000 5.000% 


2005 13,395,000 


4.000% 2010 1,105,000 5.000% 


2006 14,030,000 


5.000% 2011 1,165,000 3.250% 


2007 14,750,000 


5.000% 2012 1,220,000 3.500% 


2008 14,160,000 


5.000% 


Redemption 





At the option of the Board, bonds maturing on August 1, 2014 and thereafter may be called for 
redemption and payment prior to maturity on August 1, 2013 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



-30- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$75,650,000 
SERIES A 2003 REFUNDING 



Note 

The Series A 2003 Refunding Bonds were issued to refund the following bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

A 1993 Refunding $79,380,000 $79,380,000 2004-2012 



The additional principal amount of the Series A 2003 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Third State Building Bonds. 



-31 - 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 2003 REFUNDING 
DATE OF ISSUE: 10/29/03 
AMOUNT OF ISSUE: $75,650,000 



FISCAL 


INTEREST 


YEAR 


8/1 


2004 




2005 


1,847,856.25 


2006 


1,590,306.25 


2007 


1,322,406.25 


2008 


971,656.25 


2009 


602,906.25 


2010 


248,906.25 


2011 


67,906.25 


2012 


40,281.25 


2013 


21,350.00 


TOTAL 


6,713,575.00 



(Refunded A1993 Refunding) 



Refunding Excess: $(3,730,000) 



INTEREST 

1 1 N 1 1 1 1 1 1 


PRINCIPAL 

1 1 III X \J 1 1 / V 1— 


ANNUAL 


OUTSTANDING 


2/1 


8/1 


DEBT SERVICE 

\—f 1 1 > A V ' 1 1 I V 1 \J 1 


PRINCIPAL 

1 1 1 1 1 M \J 1 1 1 \ 1 


944,459.86 




944,459.86 


75,650,000.00 


1,590,306.25 


8,585,000.00 


12,023,162.50 


67,065,000.00 


1 ,322,406.25 


13 395 000 00 


16,307,712.50 


53 670 000 00 


'97l!656.25 


14,030,000.00 


16!324i062.50 


39,640,000.00 


602,906.25 


14,750,000.00 


16,324,562.50 


24,890,000.00 


248,906.25 


14,160,000.00 


15,011,812.50 


10,730,000.00 


67,906.25 


7,240,000.00 


7,556,812.50 


3,490,000.00 


40,281.25 


1,105,000.00 


1,213,187.50 


2,385,000.00 


21,350.00 


1,165,000.00 


1,226,631.25 


1,220,000.00 




1,220,000.00 


1,241,350.00 




5,810,178.61 


75,650,000.00 


88,173,753.61 





-32 - 



BOARD OF FUND COMMISSIONERS 



FOURTH STATE BUILDING BONDS 



BONDS OUTSTANDING 



FOURTH STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
ALL ISSUES 



AUTHORIZATION AMOUNT ISSUED: 


$250,000,000 






REFUNDING EXCESS: 




$2,700,000 






DEFEASED AMOUNT: 




(1,035,000) 






FISCAL 


TOTAL 


TOTAL 


ANNUAL 


OUTSTANDING 


YEAR 


INTEREST 


PRINCIPAL 


DEBT SERVICE 


PRINCIPAL 


1995 


- 






75,000,000.00 


1996 


4,311,020.00 


1,380,000.00 


5,691,020.00 


73,620,000.00 


1997 


7,773,776.25 


1,480,000.00 


9,253,776.25 


197,140,000.00 


1998 


11,177,882.50 


4,260,000.00 


15,437,882.50 


242,880,000.00 


1999 


13,406,382.50 


5,625,000.00 


19,031,382.50 


237,255,000.00 


2000 


13,077,082.50 


5,900,000.00 


18,977,082.50 


231,355,000.00 


2001 


12,716,357.50 


6,160,000.00 


18,876,357.50 


225,195,000.00 


2002 


12,339,770.00 


6,470,000.00 


18,809,770.00 


218,725,000.00 


2003 


11,156,394.27 


6,765,000.00 


17,921,394.27 


218,015,000.00 


2004 


10,498,993.76 


7,080,000.00 


17,578,993.76 


210,935,000.00 


2005 


10,043,368.76 


7,410,000.00 


17,453,368.76 


200,170,000.00 


2006 


8,981,897.93 


_ 


8,981,897.93 


200,170,000.00 


2007 


9,499,181.26 


1,470,000.00 


10,969,181.26 


198,700,000.00 


2008 


9,306,831.26 


7,780,000.00 


17,086,831.26 


190,920,000.00 


2009 


8,896,231.26 


8,130,000.00 


17,026,231.26 


181,755,000.00 


2010 


8,434,981.26 


10,320,000.00 


18,754,981.26 


171,435,000.00 


2011 


7,915,981.26 


10,440,000.00 


18,355,981.26 


160,995,000.00 


2012 


7,419,606.26 


9,415,000.00 


16,834,606.26 


151,580,000.00 


2013 


6,729,731.26 


18,180,000.00 


24,909,731.26 


133,400,000.00 


2014 


6,101,503.13 


10,295,000.00 


16,396,503.13 


123,105,000.00 


2015 


5,412,275.00 


20,620,000.00 


26,032,275.00 


102,485,000.00 


2016 


4,341,775.00 


22,200,000.00 


26,541,775.00 


80,285,000.00 


2017 


3,193,025.00 


23,750,000.00 


26,943,025.00 


56,535,000.00 


2018 


2,288,025.00 


12,450,000.00 


14,738,025.00 


44,085,000.00 


2019 


1,649,400.00 


13,095,000.00 


14,744,400.00 


30,990,000.00 


2020 


1,039,462.50 


13,700,000.00 


14,739,462.50 


17,290,000.00 


2021 


577,125.00 


8,460,000.00 


9,037,125.00 


8,830,000.00 


2022 


198,675.00 


8,830,000.00 


9,028,675.00 




TOTAL 


198,486,735.42 


251,665,000.00 


450,151,735.42 





-7- 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 
$154,840,000 
SERIES A 2002 REFUNDING 



DATED October 15, 2002 

SALE DATE September 26, 2002 

INTEREST PAYMENT DATES April 1 and October 1 commencing April 1 , 2003 

PRINCIPAL PAYMENT DATE October 1 commencing October 1 , 2006 

TRUE INTEREST COST 3.431 555% 

BOND COUNSEL Gilmore & Bell, PC & The Martinez Law Firm, LLC 

FINANCIAL ADVISOR US Bankcorp Piper Jaffray, Inc. 

UNDERWRITER MANAGER Goldman Sachs & Company 

PAYING AGENT/ESCROW AGENT ----- First Bank of Missouri, Gladstone, MO 

ESCROW VERIFICATION AGENT McGladrey & Pullen, LLP, CPA, Kansas City, MO 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


2003 


$ 




2013 


$ 10,295,000 


3.375% 


2004 






2014 


10,720,000 


5.000% 


2005 






2015 


11,265,000 


5.000% 


2006 


1,470,000 


5.000% 


2016 


11,835,000 


5.000% 


2007 


7,780,000 


4.000% 


2017 


12,450,000 


5.000% 


2008 


8,130,000 


5.000% 


2018 


13,095,000 


5.000% 


2009 


8,540,000 


5.000% 


2019 


13,700,000 


4.125% 


2010 


8,970,000 


5.000% 


2020 


8,460,000 


4.250% 


2011 


9,415,000 


5.000% 


2021 


8,830,000 


4.500% 


2012 


9,885,000 


5.000% 








Redemption 













At the option of the Board, bonds maturing on October 1, 2013 and thereafter may be called for 
redemption and payment prior to maturity, on October 1 , 2012 and thereafter, in whole at any time or in 
part on any interest payment date, in any order of maturity (bonds of less than a full maturity to be 
selected by lot by the Bond Registrar in such equitable manner as it shall designate), at a redemption 
price equal to 100% of the principal amount thereof, together with accrued interest thereon to the 
redemption date. 



-33- 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 
$154,840,000 
SERIES A 2002 REFUNDING 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group purchasing 
the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date fixed for 
redemption. 

Note 

The Series A 2002 Refunding Bonds were issued to refund the callable portions of the following 
bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 



A 1995 $63,070,000 $56,300,000 2006-2020 

A 1996 107,230,000 92,485,000 2007-2021 

$148,785,000 



The additional principal amount of the Series A 2002 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Fourth State Building Bonds. 



-34- 



FOURTH STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 2002 REFUNDING 
DATE ISSUED: 10/15/02 
AMOUNT OF ISSUE: $154,840,000 



FISCAL 


INTEREST 


INTEREST 


YEAR 


10/1 


4/1 


2003 


- 


3,352,015.52 


2004 


3,634,715.63 


3,634,715.63 


2005 


3,634,715.63 


3,634,715.63 


2006 


3,634,715.63 


3,634,715.63 


2007 


3,634,715.63 


3,597,965.63 


2008 


3,597,965.63 


3,442,365.63 


2009 


3,442,365.63 


3,239,115.63 


2010 


3,239,115.63 


3,025,615.63 


2011 


3,025,615.63 


2,801,365.63 


2012 


2,801,365.63 


2,565,990.63 


2013 


2,565,990.63 


2,318,865.63 


2014 


2,318,865.63 


2,145,137.50 


2015 


2,145,137.50 


1,877,137.50 


2016 


1,877,137.50 


1,595,512.50 


2017 


1,595,512.50 


1 ,299,637.50 


2018 


1,299,637.50 


988,387.50 


2019 


988,387.50 


661,012.50 


2020 


661,012.50 


378,450.00 


2021 


378,450.00 


198,675.00 


2022 


198,675.00 




TOTAL 


44,674,096.93 


44,391,396.82 



(Refunded A 1995, A 1996) 



Refunding Excess: $6,055,000 



PRINCIPAL 


ANNUAL 


OUTSTANDING 


10/1 


DEBT SERVICE 


PRINCIPAL 


- 


3,352,015.52 


154,840,000.00 




7,269,431.26 


154,840,000.00 


- 


7,269,431.26 


154,840,000.00 


- 


7,269,431.26 


154,840,000.00 


1,470,000.00 


8,702,681.26 


153,370,000.00 


7,780,000.00 


14,820,331.26 


145,590,000.00 


8,130,000.00 


14,811,481.26 


137,460,000.00 


8,540,000.00 


14,804,731.26 


128,920,000.00 


8,970,000.00 


14,796,981.26 


119,950,000.00 


9,415,000.00 


14,782,356.26 


110,535,000.00 


9,885,000.00 


14,769,856.26 


100,650,000.00 


10,295,000.00 


14,759,003.13 


90,355,000.00 


10,720,000.00 


14,742,275.00 


79,635,000.00 


11,265,000.00 


14,737,650.00 


68,370,000.00 


11,835,000.00 


14,730,150.00 


56,535,000.00 


12,450,000.00 


14,738,025.00 


44,085,000.00 


13,095,000.00 


14,744,400.00 


30,990,000.00 


13,700,000.00 


14,739,462.50 


17,290,000.00 


8,460,000.00 


9,037,125.00 


8,830,000.00 


8,830,000.00 


9,028,675.00 




154,840,000.00 


243,905,493.75 





-35- 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 
$45,330,000 
SERIES A 2005 REFUNDING 



DATED June 29, 2005 

SALE DATE June 21, 2005 

INTEREST PAYMENT DATES October 1 and April 1 commencing October 1 , 2005 

PRINCIPAL PAYMENT DATE October 1 commencing October 1 , 2009 

TRUE INTEREST COST 3.379349% 

BOND COUNSEL Gilmore & Bell, PC & The Martinez Law Firm, LLC 

FINANCIAL ADVISOR Columbia Capital Management, LLC 

UNDERWRITER MANAGER jp Morgan Securities Inc. 

PAYING AGENT/ESCROW AGENT ----- UMB Bank, n.a. of Kansas City, MO 
Maturities and Interest Rates 

Year Amount Rate Year Amount Rate 



2009 $ 1,780,000 5.000% 2013 $ - 5.000% 

2010 2,505,000 5.000% 2014 9,900,000 5.000% 

2011 - 5.000% 2015 10,935,000 5.000% 

2012 8,295,000 5.000% 2016 11,915,000 5.000% 

Redemption 

The Fourth State Building Series A 2005 Refunding Bonds are not subject to optional redemption 
prior to maturity. 

Note 

The Series A 2005 Refunding Bonds were issued to refund the following bonds: 

Maturities 
Refunded 





Outstanding 


Principal 


Series 


Principal 


Refunded 


A 1996 


$7,715,000 


$7,715,000 


A 1998 


$40,970,000 


$40,970,000 




$48,685,000 


$48,685,000 



2005- 2006 

2006- 2023 



The additional principal amount of the Series A 2005 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Fourth State Building Bonds. 



-36- 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 
$45,330,000 
SERIES A 2005 REFUNDING 



Defeasance 

On September 25, 2008, $1,035,000 of outstanding Series A 2005 Refunding Bonds maturing on 
October 1 , 2010 were defeased. The available funds were deposited in an escrow fund with UMB Bank, 
n.a. of Kansas City. The moneys in the fund will be used to pay principal and interest on the defeased 
bonds, which are deemed legally defeased. 



-37- 



FOURTH STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 2005 REFUNDING 
DATE ISSUED: 6/29/05 
AMOUNT OF ISSUE: $45,330,000 
DEFEASED AMOUNT: $(1,035,000) 



(Refunded A96, A 98) 

Refunding Excess: $ (3,355,000) 



FISCAL 
YEAR 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 



INTEREST 

10/1 

579,216.67 
1,133,250.00 
1,133,250.00 
1,107,375.00 
1,107,375.00 
1,062,875.00 
1,026,125.00 
1,026,125.00 
818,750.00 
818,750.00 
571,250.00 
297,875.00 



INTEREST 

4/1 

1,133,250.00 
1,133,250.00 
1,133,250.00 
1,107,375.00 
1,062,875.00 
1,026,125.00 
1,026,125.00 
818,750.00 
818,750.00 
571,250.00 
297,875.00 



PRINCIPAL 
10/1 



1,780,000.00 
1,470,000.00 

8,295,000.00 

9,900,000.00 
10,935,000.00 
11,915,000.00 



ANNUAL 
DEBT SERVICE 

1,712,466.67 
2,266,500.00 
2,266,500.00 
2,214,750.00 
3,950,250.00 
3,559,000.00 
2,052,250.00 
10,139,875.00 
1,637,500.00 
11,290,000.00 
11,804,125.00 
12,212,875.00 



OUTSTANDING 
PRINCIPAL 

45,330,000.00 
45,330,000.00 
45,330,000.00 
45,330,000.00 
44,295,000.00 
42,515,000.00 
41,045,000.00 
41,045,000.00 
32,750,000.00 
32,750,000.00 
22,850,000.00 
11,915,000.00 



TOTAL 



10,682,216.67 



10,128,875.00 



44,295,000.00 



65,106,091.67 



-38 - 



BOARD OF FUND COMMISSIONERS 



STORMWATER CONTROL BONDS 



BONDS OUTSTANDING 



BOARD OF FUND COMMISSIONERS 
STORMWATER CONTROL BONDS 
$10,000,000 
SERIES A 2001 



DATED June 1,2001 

SALE DATE - May 3 1 , 200 1 

INTEREST PAYMENT DATES June 1 and December 1 commencing December 1 , 2001 

PRINCIPAL PAYMENT DATE June 1 commencing June 1 , 2002 

TRUE INTEREST COST 4.942021% 

BOND COUNSEL Hardwick Law Firm and McDowell, Rice, Smith & Gaar 

FINANCIAL ADVISOR Griffin, Kubik, Stephens & Thompson, Inc. 

UNDERWRITER MANAGER UBS Paine-Webber, Inc. 

PAYING AGENT UMB Bank, n.a. of Kansas City, MO 

AUTHORIZATION Article III, Section 37(h) 



Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


2002 


$ 235,000 


4.000% 


2015 


$ 390,000 


4.75% 


2003 


245,000 


4.000% 


2016 


405,000 


4.75% 


2004 


250,000 


4.000% 


2017 


425,000 


5.00% 


2005 


260,000 


4.000% 


2018 


450,000 


5.00% 


2006 


270,000 


4.125% 


2019 


470,000 


5.00% 


2007 


280,000 


4.250% 


2020 


495,000 


5.00% 


2008 


290,000 


4.000% 


2021 


520,000 


5.00% 


2009 


300,000 


7.000% 


2022 


545,000 


5.00% 


2010 


315,000 


7.000% 


2023 


570,000 


5.00% 


2011 


325,000 


5.000% 


2024 


600,000 


5.00% 


2012 


340,000 


4.500% 


2025 


630,000 


5.00% 


2013 


355,000 


4.600% 


2026 


665,000 


5.00% 


2014 


370,000 


4.700% 








Redemption 













At the option of the Board, bonds maturing on June 1, 2012 and thereafter may be called for 
redemption and payment prior to maturity on June 1, 2011 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



-39 - 



BOARD OF FUND COMMISSIONERS 
STORMWATER CONTROL BONDS 
$10,000,000 
SERIES A 2001 



Mandatory Sinking Fund Redemption 

The bonds maturing June 1, 2023 and June 1, 2026, shall be subject to mandatory redemption 
at par plus accrued interest to the date of redemption on the following dates and in the following 
principal amounts: 

June 1, 2023 Term Bond 
Redemption Dates Principal Amount 

June 1,2022 $545,000 
(Leaving $570,000 to mature on its stated maturity on June 1 , 2023) 

June 1, 2026 Term Bond 

Redemption Dates Principal Amount 

June 1,2024 $600,000 
June 1,2025 $630,000 



(Leaving $665,000 to mature on its stated maturity on June 1 , 2026) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Defeasance 

On August 1, 2007, $235,000 of outstanding Series A 2001 Bonds maturing on June 1, 2026 
were defeased. The available funds were deposited in an escrow fund with UMB Bank, n.a. of 
Kansas City. The moneys in the fund will be used to pay principal and interest on the defeased 
bonds, which are deemed legally defeased. 



-40 - 



STORMWATER CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES: A 2001 

DATE ISSUED: 6/1/01 

AMOUNT OF ISSUE: $10,000,000 

DEFEASED AMOUNT: $(235,000) 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 l i 1 1 I 


PRINCIPAL 

1 1 III 1 Vw/ I 1 I \ 1 


ANNUAL 


OUTSTANDING 

\-s Vw^ 1 \J 1 I \ 1 N 1 / 1 1 N Vw^ 


YEAR 


12/1 


6/1 


6/1 


DEBT SERVICE 

i / \— i t i i i i v i \-J i— _ 


PRINCIPAL 

1 1 III « Vw/ 1 1 / \ 1 


2001 










10 000 000 00 


2002 


244 410 00 

j ~ 1 W-WW 


244 41 00 


235 000 00 


723 820 00 

/ £-W;W£-W-WW 


9 765 000 00 


2003 


239 710 00 


239 710 00 


245 000 00 


724 420 00 


9 520 000 00 


2004 


234 810 00 


234 810 00 

t_*JT^W 1 U.UU 


250 000 00 


719 620 00 

/ 1 W;W£-W-WW 


9 270 000 00 


2005 


229 810 00 


229 810 00 


260 000 00 

t—\J\J , W W W .WW 


719 620 00 


9 010 000 00 


2006 


224 610 00 


224 610 00 


270 000 00 

L— 1 W jWWW .WW 


719 220 00 


8 740 000 00 

Ujl ~\J j\J\J\J .\J\J 


2007 


219 041 25 

I— 1 \J i V-/ 1 1 . L— 


219 041 25 


280 000 00 


718 082 50 


8 460 000 00 


2008 


207 216 25 


207 216 25 


290 000 00 

btfv j Uv W ■ W W 


704 432 50 

1 WT^ ^Wt. . WW 


7 935 000 00 


2009 


201 416 25 


201 416 25 


300 000 00 


702 832 50 

1 W£-jWW£--WW 


7 635 000 00 


2010 


190 916 25 


190 916 25 


315 000 00 


696 832 50 

WWWjWW£--WW 


7 320 000 00 


201 1 


179 891 25 


179 891 25 


325 000 00 


684 782 50 

W W I n * W£--WW 


6 995 000 00 


2012 


171 766 25 


171 766 25 

1 / ' J * WW. L—\J 


340 000 00 


683 532 50 

UUJ, JUL. JU 


6 655 000 00 


2013 


164 1 16 25 


1 64 1 1 6 25 


355 000 00 

WWW j WWW - WW 


683 232 50 


6 300 000 00 

W 5 *JWW 5 WWW.WW 


2014 


155 951 25 


155 951 25 


370 000 00 


681 902 50 

WW 1 ; V>VL.-V^V 


5 930 000 00 


2015 


147 256 25 


1 47 256 25 


390 000 00 

WWW J W WW ■ W W 


684 512 50 


5 540 000 00 


2016 


137,993.75 


137,993.75 


405,000.00 


680,987.50 


5,135,000.00 


2017 


128,375.00 


128,375.00 


425,000.00 


681,750.00 


4,710,000.00 


2018 


117,750.00 


117,750.00 


450,000.00 


685,500.00 


4,260,000.00 


2019 


106,500.00 


106,500.00 


470,000.00 


683,000.00 


3,790,000.00 


2020 


94,750.00 


94,750.00 


495,000.00 


684,500.00 


3,295,000.00 


2021 


82,375.00 


82,375.00 


520,000.00 


684,750.00 


2,775,000.00 


2022 


69,375.00 


69,375.00 


545,000.00 


683,750.00 


2,230,000.00 


2023 


55,750.00 


55,750.00 


570,000.00 


681,500.00 


1,660,000.00 


2024 


41,500.00 


41,500.00 


600,000.00 


683,000.00 


1,060,000.00 


2025 


26,500.00 


26,500.00 


630,000.00 


683,000.00 


430,000.00 


2026 


10,750.00 


10,750.00 


430,000.00 


451 ,500.00 




TOTAL 


3,682,540.00 


3,682,540.00 


9,765,000.00 


17,130,080.00 





-41 - 



BOARD OF FUND COMMISSIONERS 
STORMWATER CONTROL BONDS 
$15,000,000 
SERIES A 2002 



DATED August 1 , 2002 

SALE DATE August 6, 2002 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 2003 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 2003 

TRUE INTEREST COST 4.5091 32% 

BOND COUNSEL Hardwick Law Firm, LLC and McDowell, Rice, Smith & Gaar, PC 

FINANCIAL ADVISOR UMB Bank, N.A. 

UNDERWRITER MANAGER Banc of America Securities, LLC 

PAYING AGENT UMB Bank, n.a. of Kansas City, MO 

AUTHORIZATION Article III, Section 37(h) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


2003 


$ 345,000 


3.000% 


2016 


$ 585,000 


5.250% 


2004 


365,000 


3.000% 


2017 


610,000 


4.250% 


2005 


380,000 


3.000% 


2018 


640,000 


4.250% 


2006 


400,000 


3.000% 


2019 


670,000 


4.375% 


2007 


415,000 


3.250% 


2020 


700,000 


4.500% 


2008 


430,000 


3.500% 


2021 


735,000 


4.625% 


2009 


445,000 


3.500% 


2022 


770,000 


4.875% 


2010 


460,000 


3.500% 


2023 


810,000 


4.750% 


2011 


475,000 


3.625% 


2024 


850,000 


4.750% 


2012 


495,000 


4.000% 


2025 


890,000 


4.750% 


2013 


515,000 


4.000% 


2026 


935,000 


5.000% 


2014 


535,000 


4.000% 


2027 


985,000 


5.000% 


2015 


560,000 


4.250% 








Redemption 













At the option of the Board, bonds maturing on August 1 , 201 3 and thereafter may be called for 
redemption and payment prior to maturity on August 1 , 2012 and thereafter, in whole at any time or 
in part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



-42- 



BOARD OF FUND COMMISSIONERS 
STORMWATER CONTROL BONDS 
$15,000,000 
SERIES A 2002 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given 
by United States first class, certified or registered mail addressed to the State Auditor of Missouri, 
to the registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the 
date fixed for redemption. 

Defeasance 

On August 1, 2007, $1,640,000 of outstanding Series A 2002 Bonds maturing on August 1, 
2027 and a portion on August 1 , 2026 were defeased. The available funds were deposited in an 
escrow fund with UMB Bank, n.a. of Kansas City. The moneys in the fund will be used to pay 
principal and interest on the defeased bonds, which are deemed legally defeased. 



-43- 



STORMWATER CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES: A 2002 

DATE ISSUED: 8/1/02 

AMOUNT OF ISSUE: $15,000,000 

DEFEASED AMOUNT: $(1,640,000) 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 1 1 1 1 1 


PRINCIPAL 

1 1 III 1 Vw/ 1 1 / \ 1 


ANNUAL 


OUTSTANDING 

\-s Vw^ 1 \J 1 I \ 1 N 1 / 1 1 N 


YEAR 


8/1 


2/1 


8/1 


DEBT SERVICE 

1 / 1— 1 t 1 WJ 1 1 l V 1 W l_ 


PRINCIPAL 

1 1 III « Vw/ 1 1 / \ 1 


2003 




320 518 75 




320 518 75 


1 5 000 000 00 

i w. www. www. ww 


2004 


320 518 75 


315 343 75 


345 000 00 


980 862 50 


14 655 000 00 

1 i -WWW.WWW.WW 


2005 


315 343 75 


309 868 75 

WWW -UuU. / w 


365 000 00 


990 212 50 


14 290 000 00 

i i »^ww.www.ww 


2006 


309 868 75 


304 168 75 


380 000 00 


994 037 50 

W W^ 1 1 W W / 


13 910 000 00 

I w , w 1 w . W W W . W W 


2007 


304 1 68 75 


298 168 75 


400 000 00 

i w w 5 W w w - w w 


1 002 337 50 

1 . W W £_ . W* W / . W w 


13 510 000 00 

1 W . w 1 w . w w w . w w 


2008 


298 1 68 75 


250 425 00 


415 000 00 

I 1 w , w w W . w W 


963 593 75 

w V-/ w* ^ w w^ w* . / \j 


1 1 455 000 00 


2009 


250 425 00 


242 900 00 

L_ I t— , W W W .WW 


430 000 00 


923 325 00 

w£_w,wt_w.ww 


1 1 025 000 00 

1 1 .W£_W.WWW.WW 


2010 


242 900 00 


235 1 12 50 

£_ W w . 1 1 L.JW 


445 000 00 

II w , w w W . w W 


923 012 50 

w t_ w , W 1 L. Ju 


10 580 000 00 

1 W.WW'W.WWW.WW 


201 1 


235 1 1 2 50 


227 062 50 


460 000 00 


922 1 75 00 

\J L—L— , 1 / W . W W 


1 1 20 000 00 

1 w . 1 £_ w , w w W . w w 


2012 


227 062 50 


218 453 13 


475 000 00 

i / w , w w w . w w 


920 515 63 


9 645 000 00 

\J , \J^\J , \J\J\J .\J\J 


2013 


218 453 13 


208 553 1 3 

LWU, JJJ. 1 W 


495 000 00 


922 006 26 


9 150 000 00 

W 5 1 \J\Jj\J\J\J. \J\J 


2014 


208 553 1 3 


198 253 13 


515 000 00 

\J 1 w , w w w . w w 


921 806 26 


8 635 000 00 


2015 


1 98 253 1 3 


1 87 553 1 3 


535 000 00 


920 806 26 


8 100 000 00 


2016 


1 87 553 1 3 


1 75 653 1 3 

1 / W , W W W . 1 W 


560 000 00 

w w w ^ w w w . w w 


923 206 26 

W L — W j L — W W ■ L — W 


7 540 000 00 

/ - W 1^ w . w w w . w w 


2017 


175,653.13 


160,296.88 


585,000.00 


920,950.01 


6,955,000.00 


2018 


160,296.88 


147,334.38 


610,000.00 


917,631.26 


6,345,000.00 


2019 


147,334.38 


133,734.38 


640,000.00 


921,068.76 


5,705,000.00 


2020 


133,734.38 


119,078.13 


670,000.00 


922,812.51 


5,035,000.00 


2021 


119,078.13 


103,328.13 


700,000.00 


922,406.26 


4,335,000.00 


2022 


103,328.13 


86,331.25 


735,000.00 


924,659.38 


3,600,000.00 


2023 


86,331.25 


67,562.50 


770,000.00 


923,893.75 


2,830,000.00 


2024 


67,562.50 


48,325.00 


810,000.00 


925,887.50 


2,020,000.00 


2025 


48,325.00 


28,137.50 


850,000.00 


926,462.50 


1,170,000.00 


2026 


28,137.50 


7,000.00 


890,000.00 


925,137.50 


280,000.00 


2027 


7,000.00 




280,000.00 


287,000.00 




TOTAL 


4,393,162.55 


4,393,162.55 


13,360,000.00 


22,146,325.10 




'Maturities 


Fiscal Year 


Amount 








2026 


2027 


655,000.00 








2027 


2028 


985,000.00 










Defeased 


1,640,000.00 









-44- 



BOARD OF FUND COMMISSIONERS 
STORMWATER CONTROL BONDS 
$17,175,000 
SERIES A 2005 REFUNDING 



DATED June 29, 2005 

SALE DATE June 21, 2005 

INTEREST PAYMENT DATES October 1 and April 1 commencing October 1 , 2005 

PRINCIPAL PAYMENT DATE October 1 commencing October 1 , 2009 

TRUE INTEREST COST 3.379349% 

BOND COUNSEL Gilmore & Bell, PC & The Martinez Law Firm, LLC 

FINANCIAL ADVISOR Columbia Capital Management, LLC 

UNDERWRITER MANAGER jp Morgan Securities, Inc. 

PAYING AGENT/ESCROW AGENT ----- UMB Bank, n.a. of Kansas City, MO 
Maturities and Interest Rates 

Year Amount Rate Year Amount Rate 



2009 $ 645,000 5.000% 2013 $ 3,370,000 5.000% 

2010 905,000 5.000% 2014 3,615,000 5.000% 

2011 2,390,000 5.000% 2015 3,250,000 5.000% 

2012 3,000,000 5.000% 

Redemption 

The Stormwater Control Series A 2005 Refunding Bonds are not subject to optional redemption 
prior to maturity. 

Note 

The Series A 2005 Refunding Bonds were issued to refund the following bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

A 1999 $17,595,000 $17,595,000 2005-2024 

The additional principal amount of the Series A 2005 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Stormwater Control Bonds. 



-45- 



STORMWATER CONTROL BONDS 

DEBT SERVICE SCHEDULE Refunded A 1 999 

SERIES: A 2005 Refunding 
DATE ISSUED: 6/29/05 



MUIOUNT OF ISSUE: $17,175,000 




Refunding Excess! 


(Ip4<iU,UUU) 




FISCAL 


INTEREST 


INTEREST 


PRINCIPAL 


ANNUAL 


OUTSTANDING 


YEAR 


10/1 


4/1 


10/1 


DEBT SERVICE 


PRINCIPAL 


2006 


219,458.33 


429,375.00 


- 


648,833.33 


17,175,000.00 


2007 


429,375.00 


429,375.00 


- 


858,750.00 


17,175,000.00 


2008 


429,375.00 


429,375.00 


- 


858,750.00 


17,175,000.00 


2009 


429,375.00 


429,375.00 




858,750.00 


17,175,000.00 


2010 


429,375.00 


413,250.00 


645,000.00 


1,487,625.00 


16,530,000.00 


2011 


413,250.00 


390,625.00 


905,000.00 


1,708,875.00 


15,625,000.00 


2012 


390,625.00 


330,875.00 


2,390,000.00 


3,111,500.00 


13,235,000.00 


2013 


330,875.00 


255,875.00 


3,000,000.00 


3,586,750.00 


10,235,000.00 


2014 


255,875.00 


171,625.00 


3,370,000.00 


3,797,500.00 


6,865,000.00 


2015 


171,625.00 


81,250.00 


3,615,000.00 


3,867,875.00 


3,250,000.00 


2016 


81,250.00 




3,250,000.00 


3,331,250.00 




TOTAL 


3,580,458.33 


3,361,000.00 


17,175,000.00 


24,116,458.33 





-46 - 



BOARD OF FUND COMMISSIONERS 



REDEEMED/RETIRED BONDS 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$20,000,000 
SERIES A 1972 



DATED - - July 1,1972 

SALE DATE - July 20, 1972 

INTEREST PAYMENT DATES December 1 and June 1 commencing June 1 , 1 973 

PRINCIPAL PAYMENT DATE June 1 commencing June 1 , 1973 

TRUE INTEREST COST 4.6941% 

BOND COUNSEL Stinson, Mag, Thomson, McEvers & Fizzell 

FINANCIAL ADVISOR None 

UNDERWRITER MANAGER E. F. Hutton & Company, Inc. and 

A. B. Becker & Co., Inc. 

PAYING AGENT - Boatmen's National Bank of St. Louis (formerly 

General Bank, St. Louis, formerly Bank of 
St. Louis) and Chase Manhattan Bank, N.A. 

AUTHORIZATION Article III, Section 37(b) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1973 


$ 570,000 


5.00% 


1986 


$ 795,000 


6.00% 


1974 


485,000 


6.00% 


1987 


830,000 


4.90% 


1975 


505,000 


6.00% 


1988 


865,000 


4.75% 


1976 


525,000 


6.00% 


1989 


900,000 


4.75% 


1977 


545,000 


6.00% 


1990 


940,000 


4.90% 


1978 


570,000 


6.00% 


1991 


980,000 


4.90% 


1979 


595,000 


6.00% 


1992 


1,020,000 


5.00% 


1980 


620,000 


6.00% 


1993 


1,065,000 


5.00% 


1981 


645,000 


6.00% 


1994 


1,110,000 


5.00% 


1982 


675,000 


6.00% 


1995 


1,155,000 


5.00% 


1983 


700,000 


6.00% 


1996 


1,205,000 


5.00% 


1984 


730,000 


6.00% 


1997 


1,205,000 


0.05% 


1985 


765,000 


6.00% 









-47- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$20,000,000 
SERIES A 1972 



Redemption 

Bonds maturing in the year 1 988 and thereafter are subject to redemption at the option of the 
State on June 1, 1987 or on any interest payment date thereafter at the principal amount thereof 
together with accrued interest to date fixed for redemption, in inverse order of maturity, bonds of less 
than a full maturity to be selected by lot by the paying agent in such equitable manner as it may 
designate. Notice of any such redemption shall be given by publication at least twice in a financial 
journal or newspaper of general circulation published or of general circulation in New York, New York, 
the first of which shall be published not less than 30 days prior to the redemption date and in the case 
of the redemption of bonds or as to principal and interest as hereinafter provided, upon mailing a copy 
of said notice of redemption by first class mail at least 30 days prior to the redemption date to the 
owner of each bond to be redeemed at the address shown on the registration books. 



-48 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1972 
DATE ISSUED: 7/1/72 
AMOUNT ISSUED: $20,000,000 



FISCAL 


INTEREST 


INTEREST 

II M 1 1 1 1 1 \-J 1 


PRINCIPAL 

1 1 III v Vw/ 1 1 I \ 1 


ANNUAL 

1 VI ^11 YUf V 1— 


OUTSTANDING 

W Vw/ 1 \-J \ 1 \ 1 1 / 1 1 N W 


YEAR 


12/1 


6/1 


6/1 


DEBT SERVICE 

1 ' 1 1 ' 1 w 1 1 1 v 1 \W 1 


PRINCIPAL 

1 1 1 1 1 N Vw/ 1 1 1 \ I 


1972 












1973 




930 188 68 

WWW^ I uu.uu 


570 000 00 

W/ u,uuu.uu 


1 500 1 88 68 

1 .WWW. 1 uu.uu 


19 430 000 00 


1974 


493 1 20 00 

t v^Ui I C— W . W W 


493 120 00 

i W W ! 1 £_W.WW 


485 000 00 

i w w , w w w . w w 


1 471 240 00 

1 n 1^ / 1 , L— 1^ W .WW 


1 8 945 000 00 

1 W.WiW.WWW.WW 


1975 


478 570 00 

i / Uj J / w.ww 


478 570 00 


505 000 00 

WWW, WWW. WW 


1 462 1 40 00 

1 ^ 1 W £- . 1 "W.WW 


18 440 000 00 

I UjT^UjWwU.ww 


1976 


463 420 00 


463 420 00 

"WW.i£_W.WW 


525 000 00 

Wt-WjWWW.WW 


1 451 840 00 

1 t 1 W 1 ^ W 1 w.ww 


17 915 000 00 

1 / . w 1 w , w w w . w w 


1977 


447 670 00 

ii / , W/ W.WW 


447 670 00 


545 000 00 


1 440 "340 00 

1 ,""W,W^W.WW 


1 7 370 000 00 

1 / . W / w . w w w . w w 


1978 


431 320 00 

i vj 1 , W £_ W . W W 


431 320 00 

~ W 1 ,W£_W.WW 


570 000 00 

W/ W 5 WWW.WW 


1 432 640 00 

1 ? tUL , W i W .WW 


1 6 800 000 00 

1 W.WWW. WWW. WW 


1979 


414 220 00 


414 220 00 


595 000 00 

JJJ,UUU.UU 


1 423 440 00 

1 W j 1 1 w ■ W w 


16 205 000 00 

1 U,l.UJ,UUU.UU 


1980 


396 370 00 

WWW 5 W/ W.WW 


396 370 00 

WWWjW/ w.ww 


620 000 00 

Wt-W 5 WWW.WW 


1 412 740 00 

1 j 1^ 1 £— , 1 *T W.WW 


1 5 585 000 00 

1 W,WWW. WWW. WW 


1981 


377 770 00 


377 770 00 

W / / j / / w.ww 


645 000 00 


1 400 540 00 

1 ,"UU. JtU.UU 


14 940 000 00 

1 *T,W t TW,WWW.WW 


1982 


358 420 00 


358 420 00 

W W W . i £_ W . WW 


675 000 00 

W/ W 5 WWW.WW 


1 391 840 00 

1 -WW 1 , w 1 w . w w 


1 4 265 000 00 

1 T^t-WWjWWW.WW 


1983 


338 1 70 00 


338 1 70 00 

W WW . 1 / W.ww 


700 000 00 

/ w W , w w W . w W 


1 376 340 00 

1 ,w / W , Wt^ W . W W 


1 3 565 000 00 

1 O, WWW, WWW .WW 


1984 


317 170 00 

W 1 / . 1 / W . W W 


317 170 00 

W 1 / , 1 / W . WW 


730 000 00 

I WW5WWW.WW 


1 364 340 00 

1 nWWinWiW.WW 


1 2 835 000 00 

1 f— j WWW j W W W ■ W W 


1 985 


295 270 00 


295 270 00 

L-\J \J ,L- 1 W.WW 


765 000 00 


1 355 540 00 


1 2 070 000 00 

1 c , w / w, www. ww 


1986 


272 320 00 

t— 1 l— ■ W£_W . WW 


272 320 00 

t— 1 L— j W £_ w . w w 


795 000 00 

/ WW5WWW.WW 


1 339 640 00 

1 n W W W n W 1 W.WW 


1 1 275 000 00 

1 1 , t— 1 W, WWW. WW 


1 987 


248 470 00 


248 470 00 


830 000 00 


1 326 940 00 

1 j \JC W j \J'-v\J . \J\J 


1 445 000 00 


1988 


228 135 00 

£_ £_ W . 1 WW-WW 


228 1 35 00 

LLU, 1 WW. WW 


865 000 00 

www.www.ww 


1 321 270 00 

1 . W £_ 1 . L— I W.WW 


9 580 000 00 

W 5 WWW 5 WWW.WW 




t.w / ,Ow 1 .C-O 


/ , ww I .£.U 


qoo nnn no 

www, www. ww 


1 ^1 R 1 RP RO 

I , w I w, 1 Ot.Ju 


ft fiftn nnn nn 

o,oou,uw.uu 


1990 


186,216.25 


186,216.25 


940,000.00 


1,312,432.50 


7,740,000.00 


1991 


163,186.25 


163,186.25 


980,000.00 


1 ,306,372.50 


6,760,000.00 


1992 


139,176.25 


139,176.25 


1,020,000.00 


1,298,352.50 


5,740,000.00 


1993 


113,676.25 


113,676.25 


1,065,000.00 


1,292,352.50 


4,675,000.00 


1994 


87,051.25 


87,051.25 


1,110,000.00 


1,284,102.50 


3,565,000.00 


1995 


59,301.25 


59,301.25 


1,155,000.00 


1 ,273,602.50 


2,410,000.00 


1996 


30,426.25 


30,426.25 


1,205,000.00 


1 ,265,852.50 


1,205,000.00 


1997 


301.25 


301.25 


1,205,000.00 


1 ,205,602.50 




1998 













1999 .... 

2000 .... 

2001 .... 

2002 .... 

2003 .... 

2004 .... 

2005 .... 

2006 .... 

2007 .... 

2008 .... 

2009 .... 

2010 .... 
2011 

2012 .... 

2013 .... 

2014 .... 
2015 

2016 

2017 .... 

2018 .... 

2019 .... 

2020 .... 

2021 .... 

2022 .... 

2023 .... 

2024 .... 

2025 - 

TOTAL 6,547,341.25 7,477,529.93 20,000,000.00 34,024,871.18 



-49 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$8,000,000 
SERIES A 1974 



DATED March 1,1974 

SALE DATE - April 4, 1 974 

INTEREST PAYMENT DATES August 1 and February 1 commencing August 1 , 1974 

PRINCIPAL PAYMENT DATE February 1 commencing February 1 , 1 975 

TRUE INTEREST COST 5.18872% 

BOND COUNSEL Stinson, Mag, Thomson, McEvers & Fizzell 

FINANCIAL ADVISOR None 

UNDERWRITER MANAGER First National Bank in St. Louis 

PAYING AGENT - ----- Bank of New York (acquired Boatmen's 8/97) 

Boatmen's National Bank of St. Louis (formerly 
General Bank, St. Louis, formerly Bank of 
St. Louis) and Chase Manhattan Bank, N.A. 

AUTHORIZATION Article III, Section 37(b) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1975 


$ 200,000 


5.60% 


1988 $ 


315,000 


5.00% 


1976 


175,000 


5.60% 


1989 


330,000 


5.00% 


1977 


185,000 


5.60% 


1990 


345,000 


5.00% 


1978 


195,000 


5.25% 


1991 


365,000 


5.10% 


1979 


205,000 


5.25% 


1992 


380,000 


5.10% 


1980 


215,000 


5.25% 


1993 


400,000 


5.20% 


1981 


225,000 


5.25% 


1994 


420,000 


5.20% 


1982 


235,000 


5.25% 


1995 


445,000 


5.20% 


1983 


245,000 


5.25% 


1996 


465,000 


5.25% 


1984 


260,000 


5.25% 


1997 


490,000 


5.25% 


1985 


270,000 


5.25% 


1998 


510,000 


5.25% 


1986 


285,000 


5.25% 


1999 


540,000 


5.25% 


1987 


300,000 


5.00% 









-50 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$8,000,000 
SERIES A 1974 



Redemption 

Bonds maturing in the year 1 990 and thereafter are subject to redemption at the option of the 
State on February 1 , 1 989 or on any interest payment date thereafter at the principal amount thereof 
together with accrued interest to date fixed for redemption, in inverse order of maturity, bonds of less 
than a full maturity to be selected by lot by the paying agent in such equitable manner as it may 
designate. Notice of any such redemption shall be given by publication at least twice in a financial 
journal or newspaper of general circulation published or of general circulation in New York, New York, 
the first of which shall be published not less than 30 days prior to the redemption date and in the case 
of the redemption of bonds which have been registered as to principal or as to principal and interest 
as hereinafter provided, upon mailing a copy of said notice of redemption by first class mail at least 30 
days prior to the redemption date to the owner of each bond to be redeemed at the address shown on 
the registration books. 



-51 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1974 
DATE ISSUED: 4/1/74 
AMOUNT ISSUED: $8,000,000 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 1 1 1 1 1 


PRINCIPAL 

1 1 III v Vw/ 1 1 I \ 1 


ANNUAL 

1 VI ^11 YUf VI— 


OUTSTANDING 

Sw/ Vw^ 1 Vw^ 1 / \ 1 N 1 / 1 1 N Vw^ 


YEAR 


8/1 


2/1 


2/1 


DEBT SERVICE 

1 ' 1 1 ' 1 w 1 1 1 V 1 V_/ 1 


PRINCIPAL 

1 1 1 1 1 N Vw/ 1 1 r\L 


1972 












1973 












1974 










8 000 000 00 

0,000,000.00 


1975 


173 750 81 

I/O, / OO .O 1 


208 492 50 


200 000 00 


582 243 31 


7 800 000 00 

/ ,000,000.00 


1976 


202 892 50 


202 892 50 


1 75 000 00 


580 785 00 

OOO,/ oo.oo 


7 625 000 00 


1977 


1 07 QQO 50 

1 J / ,00£-- OO 


IO/ ^JL.JU 


185 000 00 


580 985 00 

000,000.00 


7 440 000 00 


1978 


192 812 50 


192 812 50 

1 OC- , KJ 1 £_ . \J \J 


195 000 00 

1 00,000.00 


580 625 00 

000,Ot-0.00 


7 245 000 00 

/ , £— O , OO O ■ O O 


1979 


187 693 75 


187 693 75 

1 O / , U3J . / O 


205 000 00 

t.00,000.00 


580 387 50 

000,00/ .oo 


7 040 000 00 

/ ,0^0,000.00 


1980 


182 312 50 


182 312 50 


215 000 00 


579 625 00 

\J 1 w/,0£-0-00 


6 825 000 00 

0,Ot-0,000.00 


1981 


1 76 668 75 


176 668 75 

1 / O , OOO . / O 


225 000 00 


578 337 50 

O/ 0,00/ .oo 


6 600 000 00 

0,000,000.00 


1982 


1 70 762 50 

1 / O, 1 


1 70 762 50 


235 000 00 

t-OO, ooo.oo 


576 525 00 


6 365 000 00 

0,000,000.00 


1983 


1 64 593 75 

1 0^,000. 1 O 


164 593 75 

1 Ut, J JO. / O 


245 000 00 

£.^+0,000.00 


574 187 50 

O / 1 O / . OO 


6 1 20 000 00 

O, lt.0,000.00 


1984 


158 162 50 


1 58 1 62 50 

1 OOj 1 Ut-.WU 


260 000 00 

t.00,000.00 


576 325 00 

\J l \J ,^JL—^J .\J\J 


5 860 000 00 

0,000,000.00 


1 985 


1 51 337 50 

1 J 1 . OO 1 . JU 


1 51 337 50 

1 O 1 , OO / . O W 


270 000 00 

C 1 0,000.00 


572 675 00 

O / C- , o / o.oo 


5 590 000 00 

0,000,000.00 


1986 


144 250 00 


1 44 250 00 


285 000 00 

t_oo,ooo.oo 


573 500 00 

<w/ / 0,000.00 


5 305 000 00 

0,000,000.00 


1 987 


1 36 768 75 

low,/ UU . / O 


1 36 768 75 

1 OO , / OO . / O 


300 000 00 

000,000.00 


573 537 50 

o/ 0,00/ .oo 


5 005 000 00 

0,000,000.00 


1988 


129 268 75 


1 29 268 75 


315 000 00 


573 537 50 


4 690 000 00 

T^OOO,000.00 


1989 


121 393 75 

I L 1 ,J9J . / O 


121 393 75 


330 000 00 

000,000.00 


572 787 50 

O / C , 1 D 1 .OO 


4 360 000 00 


1990 


113,143.75 


113,143.75 


345,000.00 


571,287.50 


4,015,000.00 


1991 


104,518.75 


104,518.75 


365,000.00 


574,037.50 


3,650,000.00 


1992 


95,211.25 


95,211.25 


380,000.00 


570,422.50 


3,270,000.00 


1993 


85,521.25 


85,521.25 


400,000.00 


571,042.50 


2,870,000.00 


1994 


75,121.25 


75,121.25 


420,000.00 


570,242.50 


2,450,000.00 


1995 


64,201.25 


64,201.25 


445,000.00 


573,402.50 


2,005,000.00 


1996 


52,631.25 


52,631.25 


465,000.00 


570,262.50 


1,540,000.00 


1997 


40,425.00 


40,425.00 


490,000.00 


570,850.00 


1,050,000.00 


1998 


27,562.50 


27,562.50 


510,000.00 


565,125.00 


540,000.00 


1999 


14,175.00 


14,175.00 


540,000.00 


568,350.00 





2000 
2001 
2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 



TOTAL 3,163,172.06 3,197,913.75 8,000,000.00 14,361,085.81 



-52 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$15,000,000 
SERIES B 1974 

DATED ----- - December 1 , 1 974 

SALE DATE - November 6, 1 974 

INTEREST PAYMENT DATES December 1 and June 1 commencing June 1 , 1 975 

PRINCIPAL PAYMENT DATE December 1 commencing December 1 , 1 975 

TRUE INTEREST COST 5.5463% 

BOND COUNSEL Stinson, Mag, Thomson, McEvers & Fizzell 

FINANCIAL ADVISOR None 

UNDERWRITER MANAGER First National Bank in St. Louis and 

Bank of America NT & SA 

PAYING AGENT - Boatmen's National Bank of St. Louis (formerly 

Centerre Trust Company, formerly St. Louis Union 
Trust Company) 

AUTHORIZATION Article III, Section 37(b) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1975 


$ 405,000 


5.70% 


1985 


$ 730,000 


5.25% 


1976 


430,000 


5.70% 


1986 


775,000 


5.25% 


1977 


460,000 


5.70% 


1987 


820,000 


5.50% 


1978 


485,000 


5.70% 


1988 


870,000 


5.50% 


1979 


515,000 


5.70% 


1989 


920,000 


5.50% 


1980 


545,000 


5.00% 


1990 


975,000 


5.70% 


1981 


580,000 


5.00% 


1991 


1,035,000 


5.70% 


1982 


615,000 


5.00% 


1992 


1,100,000 


5.70% 


1983 


650,000 


5.00% 


1993 


1,165,000 


5.75% 


1984 


690,000 


5.25% 


1994 


1,235,000 


5.75% 



-53 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$15,000,000 
SERIES B 1974 



Redemption 

Bonds maturing in the year 1991 and thereafter are subject to redemption at the option of the 
State on December 1 , 1990 or on any interest payment date thereafter at the principal amount thereof 
together with accrued interest to date fixed for redemption, in inverse order of maturity, bonds of less 
than a full maturity to be selected by lot by the paying agent in such equitable manner as it may 
designate. Notice of any such redemption shall be given by publication at least twice in a financial 
journal or newspaper of general circulation published or of general circulation in New York, New York, 
the first of which shall be published not less than 30 days prior to the redemption date and in the case 
of the redemption of bonds which have been registered as to principal or as to principal and interest 
as hereinafter provided, upon mailing a copy of said notice of redemption by first class mail at least 30 
days prior to the redemption date to the owner of each bond to be redeemed at the address shown on 
the registration books. 



-54- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: B 1974 
DATE ISSUED: 12/1/74 
AMOUNT ISSUED: $15,000,000 



FISCAL 


INTEREST 


INTEREST 

II M 1 1 1 1 1 1 


PRINCIPAL 

1 1 III v Vw/ 1 1 I \ 1 


ANNUAL 

1 VI ^11 YUf V 1— 


OUTSTANDING 


YEAR 


12/1 


6/1 


1 2/1 


DEBT SERVICE 

1 ' 1 1 ' 1 w 1 1 1 v 1 V_/ 1 


PRINCIPAL 

1 1 1 1 1 N Vw/ 1 1 r\L 


1972 












1973 












1974 












1975 




412 186 25 




412 186 25 


1 5 000 000 00 


1976 


412 186 25 


400 643 75 


405 000 00 


1 217 830 00 


14 595 000 00 


1977 


400 643 75 

'-r\J\J ,KJ'-r\J . I \J 


388 388 75 


430 000 00 

'-r\J\J ,\J\J\J .\J\J 


1 219 032 50 


14 165 000 00 

1 i . 1 \J\J ,\J\J\J .\J\J 


1978 


388 388 75 


375 278 75 


460 000 00 


1 223 667 50 


13 705 000 00 


1979 


375 278 75 


361 456 25 


485 000 00 


1 221 735 00 


13 220 000 00 


1980 


361 456 25 


346 778 75 


515 000 00 


1 223 235 00 


12 705 000 00 


1981 


346 778 75 


333 1 53 75 


545 000 00 


1 224 932 50 


1 2 1 60 000 00 

1 t— . 1 \J\J . \J\J\J .\J\J 


1982 


333 1 53 75 


318 653 75 


580 000 00 


1 231 807 50 


1 1 580 000 00 


1983 


318 653 75 


303 278 75 


61 5 000 00 

\J \ \J )\J\J\J .\J\J 


1 236 932 50 

1 ,l.jU, Jul. JU 


10 965 000 00 


1984 


303 278 75 


287 028 75 


650 000 00 


1 240 307 50 


10 315 000 00 


1985 


287 028 75 


268 916 25 


690 000 00 


1 245 945 00 


9 625 000 00 


1986 


268 916 25 


249 753 75 


730 000 00 


1 248 670 00 


8 895 000 00 


1 987 


249 753 75 


229 410 00 


775 000 00 


1 254 1 63 75 


8 1 20 000 00 


1988 


229 41 00 


206 860 00 


820 000 00 


1 256 270 00 


7 300 000 00 


1989 


206 860 00 


182 935 00 


870 000 00 


1 259 795 00 


6 430 000 00 


1990 


1 82 935 00 

1 UL, J J J.UU 


157 635 00 


920 000 00 


1 260 570 00 


5 510 000 00 


1991 


1 57 635 00 


1 29 847 50 


975 000 00 

&l \J ,\J\J\J .\J\J 


1 262 482 50 


4 535 000 00 


1992 


1 29 847 50 


100 350 00 


1 035 000 00 


1 265 1 97 50 


3 500 000 00 


1993 


100 350 00 


69 000 00 


1 1 00 000 00 

1 , 1 \J\J ,\J\J\J .\J\J 


1 269 350 00 

1 ,C\J& ,\J\J\J .\J\J 


2 400 000 00 

^. ,'-r\J\J ^yjsJVJ .\J\J 


1994 


69 000 00 


35 506 25 


1 1 65 000 00 


1 269 506 25 


1 235 000 00 


1995 


35 506 25 




1 235 000 00 

1 ,C\J\J ,\J\J\J .\J\J 


1 270 506 25 




1996 












1997 












1998 












1999 












2000 












2001 












2002 












2003 












2004 












2005 












2006 












2007 












2008 












2009 












2010 












201 1 












2012 












2013 












2014 












201 5 












2016 












2017 


- 


- 


- 


- 


- 














2019 












2020 












2021 












2022 












2023 












2024 












2025 












TOTAL 


5,157,061.25 


5,157,061.25 


15,000,000.00 


25,314,122.50 





-55- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$31,494,240 
SERIES A 1977 



DATED - June 1,1977 

SALE DATE - June 8, 1977 

INTEREST PAYMENT DATES October 1 and April 1 commencing April 1 , 1 978 

PRINCIPAL PAYMENT DATE April 1 commencing April 1 , 1 978 

TRUE INTEREST COST - - - 4.598366% 

BOND COUNSEL Stinson, Mag, Thomson, McEvers & Fizzell 

FINANCIAL ADVISOR None 

UNDERWRITER MANAGER The First National Bank of Chicago 

PAYING AGENT Boatmen's National Bank, St. Louis and 

Harris Trust and Savings (resigned) 



AUTHORIZATION 




— Article III, 


Section 37(b) 






Year 


Amount 


Rate 


Year 


Amount 


Rate 


1978 $ 


904,240 


3.50% 


1988 


$ 1,545,000 


4.50% 


1979 


955,000 


5.50% 


1989 


1,630,000 


4.50% 


1980 


1,005,000 


5.50% 


1990 


1,715,000 


4.50% 


1981 


1,060,000 


5.50% 


1991 


1,810,000 


4.60% 


1982 


1,120,000 


5.50% 


1992 


1,910,000 


4.60% 


1983 


1,180,000 


5.50% 


1993 


2,015,000 


4.70% 


1984 


1,245,000 


5.50% 


1994 


2,125,000 


4.70% 


1985 


1,315,000 


5.50% 


1995 


2,245,000 


4.70% 


1986 


1,385,000 


5.50% 


1996 


2,370,000 


4.70% 


1987 


1,460,000 


4.50% 


1997 


2,500,000 


3.50% 


Redemption 













Bonds maturing in the year 1 993 and thereafter are subject to redemption at the option of the 
State on April 1, 1992 or on any interest payment date thereafter at the principal amount thereof 
together with accrued interest to date fixed for redemption, in inverse order of maturity, bonds of less 
than a full maturity to be selected by lot by the bond registrar in such equitable manner as it may 
designate. Notice of any such redemption shall be given by publication at least twice in a financial 
journal or newspaper of general circulation published or of general circulation in New York, New York, 
the first of which shall be published not less than 30 days prior to the redemption date and in the case 
of the redemption of bonds which have been registered as to principal or as to principal and interest 
as hereinafter provided, upon mailing a copy of said notice of redemption by registered mail at least 
30 days prior to the redemption date to the owner of each bond to be redeemed at the address shown 
on the registration books. 



-56 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1977 
DATE ISSUED: 6/1/77 
AMOUNT ISSUED: $31,494,240 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 1 1 1 1 \-J 1 


PRINCIPAL 

1 1 III v Vw/ 1 1 I \ 1 


ANNUAL 


OUTSTANDING 

\y Vw^ i i I \ i ii i / 1 1 n Vw^ 


YEAR 


10/1 


4/1 


4/1 


DEBT SERVICE 

1 ' 1 1 ' 1 W 1 1 1 V 1 \J A 


PRINCIPAL 

1 1 111 \ WI 1 / V I 


1972 












1973 












1974 












1975 












1976 












1977 










31 4Q4 240 00 


1978 




1 247 590 20 

1 - £— 1 / . W WW. L— W 


904 240 00 

W W i 1 1_ i W -WW 


2 151 830 20 

L— - 1 1 . W W W . £— W 


30 590 000 00 


1979 


732 71 5 00 


732 71 5 00 


955 000 00 


2 420 430 00 

^.^£-W.^wW.WW 


29 635 000 00 


1980 


706 452 50 


706 452 50 


1 005 000 00 

1 }\J\J\J }\J\J\J .\J\J 


2 417 905 00 

C— , "T 1 / . JVu. WW 


28 630 000 00 

£_W .WOW .WWW. WW 


1981 


678 81 5 00 

KJ I (J , U 1 \J . \J\J 


678 81 5 00 


1 060 000 00 

i .www.www.ww 


2 417 630 00 

, i 1 / j UJU. \J\J 


27 570 000 00 


1982 


649 665 00 


649 665 00 

W i W ,UU J,UU 


1 1 20 000 00 

1; 1 £— W . W W W . W W 


2 419 330 00 


26 450 000 00 

L—\J ."WW. WWW. WW 


1983 


618 865 00 


61 8 865 00 

W 1 UjUUJ.UU 


1 180 000 00 


2 417 730 00 


25 270 000 00 


1984 


586 415 00 


586 415 00 


1 245 000 00 

1 iW.WWW-WW 


2 417 830 00 


24 025 000 00 

£_ i . W L_ W , W W W . W W 


1985 


552 177 50 

\J\Jt— , \ 1 1 .\J\J 


552 1 77 50 

JJl., 1 / / .\J\J 


1 315 000 00 

1 . w 1 W . W W W . W W 


2 419 355 00 

C- . ^ 1 J, \J\J\J. \J\J 


22 710 000 00 


1986 


516 015 00 


516 015 00 

W 1 U^U 1 WJ ■ \J\J 


1 385 000 00 


2 417 030 00 

£— . ^ 1 / , WWW. WW 


21 325 000 00 

£— 1 - Wl_W.WWW.WW 


1987 


All 927 50 

\ t 1 i \_/ L— 1 .WW 


477 927 50 


1 460 000 00 


2 415 855 00 


19 865 000 00 

1 w .www.www.ww 


1988 


445 077 50 

I i , W 1 1 .WW 


445 077 50 

i i O , W / * . W W 


1 545 000 00 


2 435 155 00 


18 320 000 00 

1 W .W£_W.WWW.WW 


1989 


410 315 00 

i 1 U,vJ 1 \J.\J\J 


41 31 5 00 


1 630 000 00 

1 j \J\J \J j \J\J\J . \J\J 


2 450 630 00 


16 690 000 00 


1990 


373 640 00 

\J 1 \J j\J^\S .\J\J 


373 640 00 

U J W i W i W . W W 


1 715 000 00 

1 ; / 1 \J j\J\J\J .\J\J 


2 462 280 00 


14 975 000 00 

1 i • W / W, WWW. WW 


1991 


335 052 50 

vJvJJ,U Jl. .WW 


335 052 50 


1 810 000 00 

1 ,U 1 \J ^\J\J\J .\J\J 


2 480 105 00 


13 165 000 00 


1992 


293 422 50 


293 422 50 


1 910 000 00 

1 j W 1 W . W W W . W W 


2 496 845 00 


1 1 255 000 00 

1 1 ,t_WW,WWW.WW 


1993 


249 492 50 


249 492 50 

£-M^W.^W£-.W^W 


2 015 000 00 

t— , w i w , w w w ,uu 


2 513 985 00 

C- , v_> 1 O, ^}\J\J •\J\J 


9 240 000 00 

W ,£_^VJ , WWW. WW 


1994 


202 140 00 


202 140 00 

l—\J I— . 1 ~ \J m\J\J 


2 1 25 000 00 


2 529 280 00 


7 115 000 00 

/ , 1 1 w ^ w w w . w w 


1995 


1 52 202 50 


1 52 202 50 


2 245 000 00 


2 549 405 00 


4 870 000 00 

l -r,*jl w , w W w . W W 


1996 


99 445 00 


99 445 00 

WW , " " W -WW 


2 370 000 00 


2 568 890 00 


2 500 000 00 

£— ^WWW^WWW.WW 


1997 


43 750 00 

*+\J, / \J\J .\J\J 


43 750 00 

^to,/ <w w . w w 


2 500 000 00 

^,www,www.ww 


2 587 500 00 




1998 












1999 












2000 












2001 












2002 












2003 












2004 












2005 












2006 












2007 












2008 












2009 












2010 












201 1 












2012 












2013 












2014 












201 5 












2016 












2017 


- 


- 


- 


- 


- 


2018 












2019 












2020 












2021 












2022 












2023 












2024 












2025 












TOTAL 


8,123,585.00 


9,371,175.20 


31,494,240.00 


48,989,000.20 





-57- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$20,000,000 
SERIES A 1981 



(Refunded) 



DATED June 1,1981 

SALE DATE - May 12, 1981 

INTEREST PAYMENT DATES November 1 and May 1 commencing November 1 , 1 981 

PRINCIPAL PAYMENT DATE May 1 commencing May 1 , 1 982 

TRUE INTEREST COST 9.464465% 

BOND COUNSEL Stinson, Mag & Fizzell 

FINANCIAL ADVISOR None 

UNDERWRITER MANAGER First National Bank in St. Louis 

PAYING AGENT Boatmen's National Bank of St. Louis (formerly 

Centerre Trust Company, formerly St. Louis Union 
Trust Company) 

AUTHORIZATION Article III, Section 37(b) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1982 


$ 525,000 


9.20% 


1992 


$ 920,000 


9.20% 


1983 


425,000 


9.20% 


1993 


1,000,000 


9.20% 


1984 


460,000 


9.20% 


1994 


1,090,000 


9.20% 


1985 


505,000 


9.20% 


1995 


1,190,000 


9.30% 


1986 


550,000 


9.20% 


1996 


1,300,000 


9.30% 


1987 


595,000 


9.20% 


1997 


1,415,000 


9.40% 


1988 


650,000 


9.20% 


1998 


1,540,000 


9.50% 


1989 


710,000 


9.20% 


1999 


1,680,000 


9.60% 


1990 


775,000 


9.20% 


2000 


1,830,000 


9.70% 


1991 


845,000 


9.20% 


2001 


1,995,000 


9.80% 


Redemption 













Series A 1981 Bonds maturing on May 1, 1992, and thereafter, may, at the option of the Board, 
be called for redemption and payment prior to maturity as a whole or in part in inverse numerical order 
on May 1, 1991, or on any interest payment date thereafter, at the principal amount thereof, together 
with accrued interest to the date of redemption and payment, without premium. Bonds of less than a 
full maturity shall be selected by lot by the bond registrar in an equitable manner. 



-58 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$20,000,000 
SERIES A 1981 



Redemption (continued) 

In the event of any such redemption, the Board shall publish twice in a financial journal or 
newspaper of general circulation in the City of New York, New York, a notice of the intention of the 
Board to call and pay said bonds, the first of said notices to be published not less than 30 days prior 
to the date of redemption. The Board will also give written notice of its intention to redeem and pay 
said bonds or any of them by United States registered mail addressed to the owner of any bond 
registered as to principal or as to principal and interest, to the Paying Agent and to the manager of the 
underwriting group purchasing the Series A 1981 Bonds, said notice to be mailed not less than 30 
days prior to the date fixed for redemption. 

Defeasance 

On August 1, 1987, $16,940,000 of outstanding Series A 1981 Bonds were refunded with the 
issuance of Series A 1987 Refunding Bonds. The proceeds of the refunding bonds and other moneys 
contributed by the Board were deposited in an escrow fund with Mark Twain Bank, St. Louis. The 
money in the escrow fund was used to pay the principal and interest on the Series A 1981 Bonds. 
With the deposit of these moneys in the escrow fund, the Series A 1981 Bonds were legally defeased. 

Call Date 

The Series A 1981 Bonds maturing on May 1, 1992, and thereafter were called for redemption 
on May 1, 1991, at 100%. 



-59 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1981 (FY88-2001 REFUNDED BY SERIES A 1987 REFUNDING) 

DATE ISSUED: 6/1/81 
AMOUNT ISSUED: $20,000,000 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 1 1 1 1 1 


PRINCIPAL 

1 1 III v Vw/ 1 1 1 \ 1 


ANNUAL 

1 VI ^11 YUf V 1— 


OUTSTANDING 

Sw/ Vw^ 1 Vw^ 1 / \ 1 N 1 / 1 1 N Vw^ 


YEAR 


1 1/1 


5/1 


5/1 


DEBT SERVICE 

1 ' 1 1 ' 1 w 1 1 1 v 1 V_/ 1 


PRINCIPAL 

1 1 1 1 1 N Vw/ 1 1 r\L 


1972 












1973 












1974 












1975 












1976 












1977 












1978 












1979 












1980 












1981 










20 000 000 00 


1982 


782 414 56 


938 890 00 


525 000 00 


2 246 304 56 


19 475 000 00 

1 . i / W;WWW-WW 


1983 


914 740 00 


914 740 00 


425 000 00 


2 254 480 00 


19 050 000 00 


1984 


895 1 90 00 


895 190 00 

VJ\S\J) 1 WW m\J\J 


460 000 00 

~W W j W W W . W W 


2 250 380 00 


18 590 000 00 


1985 


874 030 00 


874 030 00 


505 000 00 


2 253 060 00 


18 085 000 00 

1 W , UUJ , WWVJ . WW 


1986 


850 800 00 

\J\J\J j WWW . WW 


850 800 00 


550 000 00 

WWW j WWW - WW 


2 251 600 00 


17 535 000 00 

1 / ^WWW^WWW.WW 


1987 


825 500 00 

\JC-\J ,\J\J\J .\J\J 


825 500 00 


595 000 00 


2 246 000 00 


16 940 000 00 


1988 












1989 












1990 












1991 












1992 












1993 












1994 












1995 












1996 












1997 












1998 












1999 












2000 












2001 












2002 












2003 












2004 












2004 












2006 












2007 












2008 












2009 












2010 












201 1 












2012 












2013 












2014 












201 5 












2016 












2017 


- 


- 


- 


- 


- 


2018 












2019 












2020 












2021 












2022 












2023 












2024 












2025 












TOTAL 


5,142,674.56 


5,299,150.00 


3,060,000.00 


13,501,824.56 





-60- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$20,000,000 
SERIES A 1983 



(Partially Refunded) 



DATED - - February 1 , 1 983 

SALE DATE - January 1 9, 1 983 

INTEREST PAYMENT DATES August 1 and February 1 commencing August 1 , 1 983 

PRINCIPAL PAYMENT DATE February 1 commencing February 1 , 1 984 

TRUE INTEREST COST 8.101 159% 

BOND COUNSEL Stinson, Mag & Fizzell 

FINANCIAL ADVISOR E. F. Hutton & Company, Inc. 

UNDERWRITER MANAGER Centerre Bank, N.A. 

PAYING AGENT Commerce Bank of Kansas City, N.A. and Boatmen's 

National Bank, St. Louis (formerly Centerre Trust 
Company of St. Louis) 

AUTHORIZATION Article III, Section 37(b) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1984 


$ 235,000 


9.70% 


1997 


$ 725,000 


7.80% 


1985 


255,000 


9.70% 


1998 


790,000 


7.90% 


1986 


280,000 


9.70% 


1999 


860,000 


8.00% 


1987 


305,000 


9.70% 


2000 


935,000 


8.00% 


1988 


335,000 


9.70% 


2001 


1,020,000 


8.10% 


1989 


365,000 


9.00% 


2002 


1,115,000 


8.10% 


1990 


395,000 


9.00% 


2003 


1,215,000 


8.20% 


1991 


430,000 


9.00% 


2004 


1,325,000 


8.25% 


1992 


470,000 


8.75% 


2005 


1,440,000 


8.25% 


1993 


515,000 


8.75% 


2006 


1,570,000 


8.25% 


1994 


560,000 


7.20% 


2007 


1,715,000 


8.25% 


1995 


610,000 


7.40% 


2008 


1,870,000 


7.50% 


1996 


665,000 


7.60% 









Redemption 

The Series A 1983 State Water Pollution Control Bonds maturing on February 1, 1994, and 
thereafter, may, at the option of the Board, be called for redemption and payment prior to maturity as 
a whole or in part in inverse order of maturity on February 1, 1993, or on any interest payment date 
thereafter, at the following prices, expressed as percentages of principal amount, on the following 
dates, together with accrued interest to the date of redemption and payment: 



-61 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$20,000,000 
SERIES A 1983 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



February 
February 
February 
February 
February 
February 
February 
February 
February 



, 1993 and August 1, 
, 1994 and August 1, 
, 1995 and August 1, 
, 1996 and August 1, 
, 1997 and August 1, 
, 1998 and August 1, 
, 1999 and August 1, 
, 2000 and August 1, 
, 2001 and thereafter 



1993 
1994 
1995 
1996 
1997 
1998 
1999 
2000 



1 02% 

101%% 

101 1 / 2 % 

101 1 /4% 

101% 
1 00%% 

1 00 1 /2% 
1 00 1 /4% 

1 00% 



In the event of any such redemption, the Board shall publish once in a financial journal 
published in the City of New York, New York, a notice of the intention of the Board to call and pay 
said bonds, said notice to be published not less than 30 days prior to the date of redemption. The 
Board will also give written notice of its intention to redeem and pay said bonds or any of them by 
United States registered mail addressed to the owner(s) of any bond(s) registered as to principal, to 
the Paying Agent(s) and to the manager of the underwriting group purchasing the Series A 1983 
State Water Pollution Control Bonds, said notice to be mailed not less than 30 days prior to the date 
fixed for redemption. 



On November 1, 1991, $16,415,000 of outstanding Series A 1983 Bonds were refunded with 
the issuance of Series B 1991 Refunding Bonds. This amount represented only the callable portions 
of the bonds, $985,000 of the bonds were not refunded and remain a liability of the Board. The 
proceeds of the refunding bonds were deposited in an escrow fund with Commerce Bank of Kansas 
City, N.A. The money in the escrow fund was used to pay the principal and interest of the callable 
portions of the Series A 1983 Bonds. With the deposit of these moneys in the escrow fund, the 
callable portions of the Series A 1983 Bonds were legally defeased. 



The Series A 1983 Bonds maturing on February 1, 1994, and thereafter were called for 
redemption on February 1, 1993, at 102%. 



Defeasance 



Call Date 



-62- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1983 (FY94-2008 CALLABLES REFUNDED BY SERIES B 1991 REFUNDING) 

DATE ISSUED: 2/1/83 
AMOUNT ISSUED: $20,000,000 



FISCAL 
YEAR 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 



INTEREST 

8/1 



INTEREST 

2/1 



PRINCIPAL 

2/1 



ANNUAL 
DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



1983 










20,000,000.00 


1984 


820,278.75 


820,278.75 


235,000.00 


1,875,557.50 


19,765,000.00 


1985 


808,881.25 


808,881.25 


255,000.00 


1,872,762.50 


19,510,000.00 


1986 


796,513.75 


796,513.75 


280,000.00 


1,873,027.50 


19,230,000.00 


1987 


782,933.75 


782,933.75 


305,000.00 


1,870,867.50 


18,925,000.00 


1988 


768,141.25 


768,141.25 


335,000.00 


1,871,282.50 


18,590,000.00 


1989 


751,893.75 


751,893.75 


365,000.00 


1,868,787.50 


18,225,000.00 


1990 


735,468.75 


735,468.75 


395,000.00 


1,865,937.50 


17,830,000.00 


1991 


717,693.75 


717,693.75 


430,000.00 


1,865,387.50 


17,400,000.00 


1992 


698,343.75 


43,093.75 


470,000.00 


1,211,437.50 


515,000.00 


1993 


22,531.25 


22,531.25 


515,000.00 


560,062.50 





1994 
1995 
1996 
1997 
1998 
1999 
2000 
2001 
2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 



TOTAL 



6,902,680.00 



6,247,430.00 



3,585,000.00 



16,735,110.00 



-63- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$10,000,000 
SERIES B 1983 



(Refunded) 



DATED 



SALE DATE 



INTEREST PAYMENT DATES 



PRINCIPAL PAYMENT DATE 



TRUE INTEREST COST 



BOND COUNSEL 



FINANCIAL ADVISOR 



UNDERWRITER MANAGER 



November 1, 1983 
October 19, 1983 

November 1 and May 1 commencing May 1, 1984 

November 1 commencing November 1, 1984 

8.81 3238% 

Stinson, Mag & Fizzell 

E. F. Hutton & Company, Inc. 

Centerre Bank, N.A. 



PAYING AGENT 




— Mercantile Trust Company, N.A. 






AUTHORIZATION 




— Article III, 


Section 37(b) 








Year 


Amount 


Rate 


Year 




Amount 


Rate 


1984 $ 


115,000 


1 0.30% 


1997 


$ 


360,000 


8.20% 


1985 


125,000 


1 0.30% 


1998 




395,000 


8.40% 


1986 


135,000 


1 0.30% 


1999 




430,000 


8.60% 


1987 


150,000 


1 0.30% 


2000 




470,000 


8.70% 


1988 


165,000 


1 0.30% 


2001 




510,000 


8.75% 


1989 


180,000 


1 0.30% 


2002 




560,000 


8.75% 


1990 


195,000 


1 0.30% 


2003 




610,000 


8.75% 


1991 


215,000 


1 0.30% 


2004 




665,000 


8.80% 


1992 


235,000 


1 0.30% 


2005 




725,000 


8.80% 


1993 


255,000 


1 0.30% 


2006 




790,000 


8.80% 


1994 


275,000 


7.80% 


2007 




865,000 


8.80% 


1995 


300,000 


7.90% 


2008 




945,000 


8.80% 


1996 


330,000 


8.00% 










Redemption 















The Series B 1983 State Water Pollution Control Bonds maturing on November 1, 1994, and 
thereafter, may be called for redemption and payment prior to maturity at the option of the Board, as 
a whole or in part in inverse order of maturity (bonds of less than a full maturity to be selected by lot 
by the Bond Registrar in such equitable manner as it shall designate) on November 1, 1993, or on 
any interest payment date thereafter, at the following prices, expressed as percentages of principal 
amount, together with accrued interest to the date of redemption and payment: 



-64- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$10,000,000 
SERIES B 1983 



Redemption (continued) 









Redemption 


Redemption Dates 




Prices 


November 1 


1 993 and May 1 , 


1994 


1 02% 


November 1 


1 994 and May 1 , 


1995 


101%% 


November 1 


1 995 and May 1 , 


1996 


1 01 1 /2% 


November 1 


1 996 and May 1 , 


1997 


101 1 /4% 


November 1 


1 997 and May 1 , 


1998 


101% 


November 1 


1 998 and May 1 , 


1999 


1 00%% 


November 1 


1 999 and May 1 , 


2000 


1 00 1 / 2 % 


November 1 


2000 and May 1 , 


2001 


1 00 1 /4% 


November 1 


2001 and thereafter 


1 00% 



In the event of any such redemption, the Board shall give written notice of its intention to 
redeem and pay the bonds, said notice to be given by United States registered mail addressed to the 
registered owner of any bond being redeemed, to the Paying Agent and Registrar and to the 
manager of the underwriting group purchasing the Series B 1983 State Water Pollution Control 
Bonds, each of said notices to be mailed not less than 30 days prior to the date fixed for redemption. 

Defeasance 

On August 1, 1987, $9,625,000 of outstanding Series B 1983 Bonds were refunded with the 
issuance of Series A 1987 Refunding Bonds. The proceeds of the refunding bonds and other 
moneys contributed by the Board were deposited in an escrow fund with Mark Twain Bank, St. Louis. 
The money in the escrow fund was used to pay the principal and interest on the Series B 1983 
Bonds. With the deposit of these moneys in the escrow fund, the Series B 1983 Bonds were legally 
defeased. 

Call Date 

The Series B 1983 Bonds maturing on November 1, 1994, and thereafter were called for 
redemption on November 1, 1993, at 102%. 



-65- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: B 1983 (FY88-2009 REFUNDED BY SERIES A 1987 REFUNDING) 

DATE ISSUED: 11/1/83 
AMOUNT ISSUED: $10,000,000 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL 

YEAR 11/1 5/1 11/1 DEBT SERVICE 



1972 .... 

1973 .... 

1974 .... 

1975 .... 

1976 .... 

1977 .... 

1978 .... 

1979 .... 

1980 .... 

1981 .... 

1982 .... 

1983 .... 

1984 - 446,275.00 - 446,275.00 

1985 446,275.00 440,352.50 115,000.00 1,001,627.50 

1986 440,352.50 433,915.00 125,000.00 999,267.50 

1987 433,915.00 426,962.50 135,000.00 995,877.50 

1988 .... 

1989 .... 

1990 .... 

1991 .... 

1992 .... 

1993 .... 

1994 .... 

1995 .... 

1996 .... 

1997 .... 

1998 .... 

1999 .... 

2000 .... 

2001 .... 

2002 .... 

2003 .... 

2004 .... 

2005 .... 

2006 .... 

2007 .... 

2008 .... 

2009 .... 

2010 .... 
2011 

2012 .... 

2013 .... 

2014 .... 
2015 

2016 

2017 .... 

2018 .... 

2019 .... 

2020 .... 

2021 .... 

2022 .... 

2023 .... 

2024 .... 

2025 .... 



TOTAL 1,320,542.50 1,747,505.00 375,000.00 3,443,047.50 



-66- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$20,000,000 
SERIES A 1985 



(Refunded) 



DATED ----- March 1,1985 

SALE DATE - February 27, 1 985 

INTEREST PAYMENT DATES September 1 and March 1 commencing September 1 , 

PRINCIPAL PAYMENT DATE March 1 commencing March 1, 1986 

TRUE INTEREST COST 9.0963% 

BOND COUNSEL Stinson, Mag & Fizzell 

FINANCIAL ADVISOR A. G. Edwards & Sons, Inc. 

UNDERWRITER MANAGER Citicorp Investment Bank 

PAYING AGENT Commerce Bank of Kansas City, N.A. 

AUTHORIZATION Article III, Section 37(b) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1986 


$ 175,000 


1 0.40% 


1999 


$ 725,000 


8.90% 


1987 


250,000 


10.40% 


2000 


800,000 


9.00% 


1988 


275,000 


10.40% 


2001 


850,000 


9.00% 


1989 


300,000 


10.40% 


2002 


950,000 


9.10% 


1990 


325,000 


10.40% 


2003 


1,025,000 


9.10% 


1991 


375,000 


10.40% 


2004 


1,125,000 


9.20% 


1992 


400,000 


8.75% 


2005 


1,225,000 


9.20% 


1993 


425,000 


7.90% 


2006 


1,325,000 


9.20% 


1994 


475,000 


8.10% 


2007 


1,450,000 


9.20% 


1995 


525,000 


8.30% 


2008 


1,575,000 


9.20% 


1996 


550,000 


8.50% 


2009 


1,725,000 


9.20% 


1997 


600,000 


8.70% 


2010 


1,875,000 


9.20% 


1998 


675,000 


8.80% 








Redemption 













The Pollution Control Bonds maturing on March 1, 1996, and thereafter, may be called for 
redemption and payment prior to maturity at the option of the Board, as a whole or in part in inverse 
order of maturity (bonds of less than a full maturity to be selected by lot by the Bond Registrar in 
such equitable manner as it shall designate) on March 1, 1995, or on any interest payment date 
thereafter, at the following prices, expressed as percentages of principal amount, together with 
accrued interest to the date of redemption and payment: 



-67- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$20,000,000 
SERIES A 1985 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



March 1 
March 1 
March 1 
March 1 
March 1 
March 1 
March 1 
March 1 
March 1 



1995 and September 1 

1996 and September 1 

1997 and September 1 

1998 and September 1 

1999 and September 1 

2000 and September 1 

2001 and September 1 

2002 and September 1 

2003 and thereafter 



1995 
1996 
1997 
1998 
1999 
2000 
2001 
2002 



1 02% 

101%% 

101 1 / 2 % 

101 1 /4% 

101% 
1 00%% 

1 00 1 /2% 
1 00 1 /4% 

1 00% 



In the event of any such redemption, the Board shall give written notice of its intention to 
redeem and pay the bonds, such notice to be given by United States registered mail addressed to 
the registered owner of any bond being redeemed, to the Paying Agent and the Bond Registrar and 
to the manager of the underwriting group purchasing the Series A 1985 Bonds, each of said notices 
to be mailed not less than 30 days prior to the date fixed for redemption. 



On August 1, 1987, $19,575,000 of outstanding Series A 1985 Bonds were refunded with the 
issuance of Series A 1987 Refunding Bonds. The proceeds of the refunding bonds and other 
moneys contributed by the Board were deposited in an escrow fund with Mark Twain Bank, St. Louis. 
The money in the escrow fund is to be used to pay the principal and interest on the Series A 1985 
Bonds. With the deposit of these moneys in the escrow fund, the Series A 1985 Bonds were legally 
defeased. 



The Series A 1985 Bonds maturing on March 1, 1996, and thereafter were called for 
redemption on March 1, 1995, at 102%. 



Defeasance 



Call Date 



-68- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1985 (FY88-2010 REFUNDED BY SERIES A 1987 REFUNDING) 

DATE ISSUED: 3/1/85 
AMOUNT ISSUED: $20,000,000 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL 

YEAR 9/1 3/1 3/1 DEBT SERVICE 



1972 .... 

1973 .... 

1974 .... 

1975 .... 

1976 .... 

1977 .... 

1978 .... 

1979 .... 

1980 .... 

1981 .... 

1982 .... 

1983 .... 

1984 .... 

1985 .... 

1986 913,062.50 913,062.50 175,000.00 2,001,125.00 

1987 903,962.50 903,962.50 250,000.00 2,057,925.00 

1988 .... 

1989 .... 

1990 .... 

1991 .... 

1992 - 

1993 .... 

1994 .... 

1995 .... 

1996 .... 

1997 .... 

1998 .... 

1999 .... 

2000 .... 

2001 .... 

2002 .... 

2003 .... 

2004 .... 

2005 .... 

2006 .... 

2007 .... 

2008 .... 

2009 .... 

2010 .... 
2011 

2012 .... 

2013 .... 

2014 .... 
2015 

2016 

2017 .... 

2018 .... 

2019 .... 

2020 .... 

2021 .... 

2022 .... 

2023 .... 

2024 .... 

2025 .... 



TOTAL 1,817,025.00 1,817,025.00 425,000.00 4,059,050.00 



-69- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$60,000,000 
SERIES A 1986 



(Partially Refunded) 



DATED ----- July 15, 1986 

SALE DATE June 18, 1986 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1 987 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1987 

TRUE INTEREST COST 7.36587% 

BOND COUNSEL Stinson, Mag & Fizzell 

FINANCIAL ADVISOR E. F. Hutton & Company, Inc. 

UNDERWRITER MANAGER Morgan Guaranty Trust Company of New York 

PAYING AGENT Boatmen's National Bank of St. Louis 

AUTHORIZATION ----- Article III, Section 37(b) -$ 5,505,760 

Article III, Section 37(c) -$54,494,240 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1987 


$ 960,000 


9.25% 


1999 


$ 2,290,000 


7.30% 


1988 


1,030,000 


9.25% 


2000 


2,465,000 


7.30% 


1989 


1,110,000 


9.25% 


2001 


2,650,000 


7.40% 


1990 


1,195,000 


9.25% 


2002 


2,850,000 


7.40% 


1991 


1,285,000 


9.25% 


2003 


3,065,000 


7.40% 


1992 


1,380,000 


9.25% 


2004 


3,295,000 


7.40% 


1993 


1 ,485,000 


9.25% 


2005 


3,540,000 


7.05% 


1994 


1,595,000 


9.25% 


2006 


3,810,000 


6.75% 


1995 


1,715,000 


9.25% 


2007 


4,095,000 


7.50% 


1996 


1 ,845,000 


7.20% 


2008 


4,405,000 


7.00% 


1997 


1,980,000 


7.10% 


2009 


4,735,000 


7.00% 


1998 


2,130,000 


7.20% 


2010 


5,090,000 


7.00% 



Redemption 

The Pollution Control Bonds maturing on August 1, 1997, and thereafter, may be called for 
redemption and payment prior to maturity at the option of the Board, as a whole or in part in inverse 
order of maturity (bonds of less than a full maturity to be selected by lot by the Bond Registrar in 
such equitable manner as it shall designate) on August 1, 1996, or on any interest payment date 
thereafter, at the following prices, expressed as percentages of principal amount, together with 
accrued interest to the date of redemption and payment: 



-70- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$60,000,000 
SERIES A 1986 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



August 1 , 1 996 and February 1 , 1 997 
August 1 , 1 997 and February 1 , 1 998 
August 1 , 1 998 and February 1 , 1 999 
August 1 , 1 999 and February 1 , 2000 
August 1 , 2000 and February 1 , 2001 
August 1 , 2001 and February 1 , 2002 
August 1 , 2002 and February 1 , 2003 
August 1 , 2003 and February 1 , 2004 
August 1 , 2004 and thereafter 



1 02% 

101%% 

101 1 / 2 % 

101 1 /4% 

101% 
1 00%% 

1 00 1 /2% 
1 00 1 /4% 

1 00% 



In the event of any such redemption, the Board shall give written notice of its intention to 
redeem and pay the bonds, such notice to be given by United States registered mail addressed to 
the registered owner of any bond being redeemed, to the State Auditor of Missouri and to the 
manager of the underwriting group purchasing the Series A 1986 Bonds, each of said notices to be 
mailed not less than 30 days prior to the date fixed for redemption. 



On August 15, 1992, $46,400,000 of outstanding Series A 1986 Bonds were refunded with the 
issuance of Series B 1992 Refunding Bonds. This amount represented only the callable portions of 
the bonds, $6,640,000 of the bonds were not refunded and remain a liability of the Board. The 
proceeds of the refunding bonds were deposited in an escrow fund with Boatmen's Trust Company, 
St. Louis. The money in the escrow fund was used to pay the principal and interest of the callable 
portions of the Series A 1986 Bonds. With the deposit of these moneys in the escrow fund, the 
callable portions of the Series A 1986 Bonds were legally defeased. 



The Series A 1986 Bonds maturing on August 1, 1997, and thereafter were called for 
redemption on August 1 , 1 996, at 1 02%. 



Defeasance 



Call Date 



-71 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1 986 (FY98-201 1 CALLABLES REFUNDED BY SERIES B 1 992 REFUNDING) 

DATE ISSUED: 7/15/86 
AMOUNT OF ISSUE: $60,000,000 



FISCAL 
YEAR 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 



INTEREST 

8/1 



INTEREST 

2/1 



PRINCIPAL 

8/1 



ANNUAL 
DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



1987 




2,476,592.03 




2,476,592.03 


60,000,000.00 


1988 


2,274,421.25 


2,230,021.25 


960,000.00 


5,464,442.50 


59,040,000.00 


1989 


2,230,021.25 


2,182,383.75 


1,030,000.00 


5,442,405.00 


58,010,000.00 


1990 


2,182,383.75 


2,131,046.25 


1,110,000.00 


5,423,430.00 


56,900,000.00 


1991 


2,131,046.25 


2,075,777.50 


1,195,000.00 


5,401,823.75 


55,705,000.00 


1992 


2,075,777.50 


2,016,346.25 


1,285,000.00 


5,377,123.75 


54,420,000.00 


1993 


2,016,346.25 


288,188.75 


1,380,000.00 


3,684,535.00 


6,640,000.00 


1994 


288,188.75 


219,507.50 


1,485,000.00 


1,992,696.25 


5,155,000.00 


1995 


219,507.50 


145,738.75 


1,595,000.00 


1,960,246.25 


3,560,000.00 


1996 


145,738.75 


66,420.00 


1,715,000.00 


1,927,158.75 


1,845,000.00 


1997 


66,420.00 


0.00 


1,845,000.00 


1,911,420.00 


0.00 


1998 













1999 
2000 
2001 
2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 



TOTAL 



13,629,851.25 



13,832,022.03 



13,600,000.00 



41,061,873.28 



-72- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$49,715,000 
SERIES A 1987 REFUNDING 



(Partially Refunded) 



DATED August 1,1987 

SALE DATE - July 17, 1987 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1 988 

PRINCIPAL PAYMENT DATE - August 1 commencing August 1 , 1 988 

TRUE INTEREST COST 6.8970% 

BOND COUNSEL - Gilmore & Bell 

FINANCIAL ADVISOR Stifel, Nicolaus & Company, Inc. 

UNDERWRITER MANAGER Citicorp Investment Bank 

PAYING AGENT United Missouri Bank of Kansas City, N.A. 

ESCROW AGENT Mercantile Bank (merged with original Paying Agent, 

Mark Twain Bank, 6/97) 

ESCROW VERIFICATION AGENT Laventol & Horwath, CPAs, Philadelphia, PA 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1988 


$ 1,205,000 


7.75% 


1999 


$ 2,485,000 


6.600% 


1989 


1,285,000 


7.75% 


2000 


2,645,000 


6.700% 


1990 


1,370,000 


7.75% 


2001 


2,320,000 


6.800% 


1991 


1,470,000 


7.75% 


2002 


2,480,000 


6.900% 


1992 


1,560,000 


7.75% 


2003 


2,670,000 


7.000% 


1993 


1,670,000 


7.75% 


2004 


2,855,000 


7.000% 


1994 


1,785,000 


5.75% 


2005 


3,065,000 


7.125% 


1995 


1,910,000 


5.90% 


2006 


3,285,000 


7.200% 


1996 


2,040,000 


6.10% 


2007 


3,525,000 


7.200% 


1997 


2,180,000 


6.30% 


2008 


3,790,000 


7.200% 


1998 


2,325,000 


6.50% 


2009 


1,795,000 


6.500% 


Redemption 













The Pollution Control Bonds, or portions of such bonds, maturing on August 1, 1998, and 
thereafter, may be called for redemption and payment prior to maturity at the option of the Board, as 
a whole or in part in inverse order of maturity (bonds of less than a full maturity to be selected by the 
Bond Registrar by lot or in such equitable manner as it shall designate) on August 1 , 1997, or on any 
interest payment date thereafter, at the following prices, expressed as percentages of principal 
amount, together with accrued interest to the date of redemption and payment: 



-73- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$49,715,000 
SERIES A 1987 REFUNDING 



Redemption (continued) 

Redemption 



Redemption Dates Prices 



August 1 , 1 997 and February 1 , 1 998 1 02% 

August 1 , 1 998 and February 1 , 1 999 101 1 /2% 

August 1 , 1 999 and February 1 , 2000 1 01 % 

August 1 , 2000 and February 1 , 2001 1 00 1 /2% 

August 1 , 2001 and thereafter 1 00% 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds. Such notice shall be 
given by United States registered or certified mail not less than 30 days prior to the date fixed for 
redemption, addressed to the registered owner of any bond being redeemed, to the State Auditor of 
Missouri, and to the manager of the underwriting group purchasing the bonds. 

Note 

The Series A 1987 Refunding Bonds were issued to refund the following bonds: 

Series Outstanding Principal and Amount Refunded 

A 1981 $16,940,000 
B 1983 9,625,000 
A 1 985 19,575,000 

$46,140,000 



The additional principal amount of the Series A 1987 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Water Pollution Control Bonds. 

Defeasance 

On August 1, 1993, $33,240,000 of outstanding Series A 1987 Refunding Bonds were refunded 
with the issuance of Series B 1993 Refunding Bonds. This amount represented only the callable 
portions of the bonds, $9,585,000 of the bonds were not refunded and remain a liability of the Board. 
The proceeds of the refunding bonds were deposited in an escrow fund with Boatman's Trust 
Company, St. Louis. The money in the escrow fund was used to pay the principal and interest of the 
callable portions of the Series A 1987 Refunding Bonds. With the deposit of these moneys in the 
escrow fund, the callable portions of the Series A 1987 Refunding Bonds were legally defeased. 

Call Date 

The Series A 1987 Refunding Bonds maturing on August 1 , 1998, and thereafter were called for 
redemption on August 1 , 1 997, at 1 02%. 



-74- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1987 REFUNDING (FY99-2010 CALLABLES REFUNDED BY SERIES B 1993 REFUNDING) 
DATE ISSUED: 8/1/87 

AMOUNT OF ISSUE: $49,715,000 (REFUNDING EXCESS $3,575,000) 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL OUTSTANDING 

YEAR 8/1 2/1 8/1 DEBT SERVICE PRINCIPAL 

1972 .... 

1973 .... 

1974 .... 

1975 .... 

1976 .... 

1977 .... 

1978 .... 

1979 .... 

1980 .... 

1981 .... 

1982 .... 

1983 .... 

1984 .... 

1985 .... 

1986 .... 



1987 












1988 




1 ,723,374.94 




1,723,374.94 


49,715,000.00 


1989 


1,723,374.94 


1,676,681.19 


1,205,000.00 


4,605,056.13 


48,510,000.00 


1990 


1,676,681.19 


1,626,887.44 


1,285,000.00 


4,588,568.63 


47,225,000.00 


1991 


1,626,887.44 


1,573,799.94 


1,370,000.00 


4,570,687.38 


45,855,000.00 


1992 


1,573,799.94 


1,516,837.44 


1,470,000.00 


4,560,637.38 


44,385,000.00 


1993 


1,516,837.44 


1 ,456,387.44 


1,560,000.00 


4,533,224.88 


42,825,000.00 


1994 


1 ,456,387.44 


238,553.75 


1,670,000.00 


3,364,941.19 


7,915,000.00 


1995 


238,553.75 


187,235.00 


1,785,000.00 


2,210,788.75 


6,130,000.00 


1996 


187,235.00 


130,890.00 


1,910,000.00 


2,228,125.00 


4,220,000.00 


1997 


130,890.00 


68,670.00 


2,040,000.00 


2,239,560.00 


2,180,000.00 


1998 


68,670.00 




2,180,000.00 


2,248,670.00 




1999 













2000 .... 

2001 .... 

2002 .... 

2003 .... 

2004 .... 

2005 .... 

2006 .... 

2007 .... 

2008 .... 

2009 .... 

2010 .... 
2011 

2012 .... 

2013 .... 

2014 .... 
2015 

2016 

2017 .... 

2018 .... 

2019 .... 

2020 .... 

2021 .... 

2022 .... 

2023 .... 

2024 .... 

2025 - 

TOTAL 10,199,317.14 10,199,317.14 16,475,000.00 36,873,634.28 



-75- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$35,000,000 (Partially Refunded) 
SERIES B 1987 

DATED December 1 , 1 987 

SALE DATE - November 1 7, 1 987 

INTEREST PAYMENT DATES June 1 and December 1 commencing June 1 , 1 988 

PRINCIPAL PAYMENT DATE December 1 commencing December 1 , 1 988 

TRUE INTEREST COST 7.5038% 

BOND COUNSEL Stinson, Mag & Fizzell 

FINANCIAL ADVISOR A.G. Edwards & Sons, Inc. 

UNDERWRITER MANAGER Chase Manhattan Capital Markets Corporation 

PAYING AGENT Mark Twain Bank, St. Louis 

AUTHORIZATION Article III, Section 37(c) 

Maturities and Interest Rates 



Year Amount 



1988 $ 475,000 

1989 515,000 

1990 560,000 

1991 605,000 

1992 660,000 

1993 715,000 

1994 775,000 

1995 835,000 

1996 895,000 

1997 960,000 

1998 1,030,000 

1999 1,110,000 

2000 1,190,000 

Redemption 

The Bonds maturing on December 1, 1995, and thereafter, may be called for redemption and 
payment prior to maturity at the option of the Board, as a whole or in part (bonds of less than a full 
maturity to be selected by the bond Registrar by lot or in such equitable manner as it shall designate), 
on December 1, 1994, or on any interest payment date thereafter, at the following prices, expressed 
as percentages of principal amount, together with accrued interest to the date of redemption and 
payment: 



Rate 


Year 


9.00% 


2001 


9.00% 


2002 


9.00% 


2003 


9.00% 


2004 


9.00% 


2005 


9.00% 


2006 


9.00% 


2007 


7.20% 


2008 


6.50% 


2009 


6.60% 


2010 


6.70% 


2011 


6.80% 


2012 


6.90% 





Amount 


Rate 


$ 1,285,000 


7.00% 


1,385,000 


7.10% 


1,495,000 


7.30% 


1,620,000 


7.40% 


1,755,000 


7.40% 


1,900,000 


7.50% 


2,060,000 


7.50% 


2,230,000 


7.60% 


2,415,000 


7.70% 


2,615,000 


7.70% 


2,835,000 


7.70% 


3,080,000 


7.70% 



-76- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 
SERIES B 1987 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



December 1 , 1 994 and June 1 , 1 995 
December 1 , 1 995 and June 1 , 1 996 
December 1 , 1 996 and June 1 , 1 997 
December 1 , 1 997 and thereafter 



1 03% 
1 02% 
101% 
1 00% 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds. Such notice to be given 
by United States registered or certified mail not less than 30 days prior to the date fixed for 
redemption, addressed to the registered owner of any bond being redeemed, to the State Auditor of 
Missouri, and to the manager of the underwriting group purchasing the bonds. 



On November 1 , 1991 , $30,695,000 of outstanding Series B 1987 Bonds were refunded with the 
issuance of Series C 1991 Refunding Bonds. This amount represented only the callable portions of 
the bonds, $2,755,000 of the bonds were not refunded and remain a liability of the Board. The 
proceeds of the refunding bonds were deposited in an escrow fund with Commerce Bank of Kansas 
City, N.A. The money in the escrow fund was used to pay the principal and interest of the callable 
portions of the Series B 1987 Bonds. With the deposit of these moneys in the escrow fund, the 
callable portions of the Series B 1987 Bonds were legally defeased. 



The Series B 1987 Bonds maturing on December 1, 1995, and thereafter were called for 
redemption on December 1, 1994, at 103%. 



Defeasance 



Call Date 



-77- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: B 1 987 (FY96-201 3 CALLABLES REFUNDED BY SERIES C 1 991 REFUNDING) 

DATE ISSUED: 12/1/87 
AMOUNT OF ISSUE: $35,000,000 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 1 1 1 1 \-J 1 


PRINCIPAL 

1 1 III v Vw/ 1 1 I \ 1 


ANNUAL 

1 VI ^11 YUf V 1— 


OUTSTANDING 

Sw/ Vw^ 1 1 / \ 1 N 1 / 1 1 N Vw^ 


YEAR 


12/1 


6/1 


1 2/1 


DEBT SERVICE 

1 ' 1 1 ' 1 w 1 1 1 v 1 V_/ 1 


PRINCIPAL 

1 1 1 1 1 N Vw/ 1 1 r\L 


1972 












1973 












1974 












1975 












1976 












1977 












1978 












1979 












1980 












1981 












1982 












1983 












1984 












1985 












1986 












1987 












1988 




1 326 060 00 

1 j \JC— \J i \J \J\J • \J\J 




1 326 060 00 


35 000 000 00 


1989 


1 "326 060 00 


1 304 685 00 


475 000 00 

*T 1 \J )\J\J\J .\J\J 


3 105 745 00 

O , \ \J\J , I '-TyJ .\J\J 


34 525 000 00 


1990 


1 304 685 00 


1 281 510 00 

1 - £_ KJ 1 1 \J .\J\J 


515 000 00 


3 101 195 00 


34 010 000 00 


1991 


1 281 510 00 


1 256 310 00 


560 000 00 


3 097 820 00 


33 450 000 00 


1992 


123 975 00 


96 750 00 


605 000 00 


825 725 00 


2 1 50 000 00 


1993 


96 750 00 

<J\J, 1 \J\J .\J\J 


67 050 00 


660 000 00 


823 800 00 

\JC\J )\J\J\J .\J\J 


1 490 000 00 


1994 


67 050 00 


34 875 00 


715 000 00 


816 925 00 


775 000 00 


1995 


34 875 00 




775 000 00 


809 875 00 




1996 












1997 












1998 












1999 












2000 












2001 












2002 












2003 












2004 












2005 












2006 












2007 












2008 












2009 












2010 












201 1 












2012 












2013 












2014 












201 5 












2016 












2017 


- 


- 


- 


- 


- 


2018 












2019 












2020 












2021 












2022 












2023 












2024 












2025 












TOTAL 


4,234,905.00 


5,367,240.00 


4,305,000.00 


13,907,145.00 





-78- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$35,000,000 (Partially Refunded) 
SERIES A 1989 

DATED ----- - - September 1 , 1 989 

SALE DATE September 6, 1 989 

INTEREST PAYMENT DATES March 1 and September 1 commencing March 1 , 1 990 

PRINCIPAL PAYMENT DATE September 1 commencing September 1 , 1 990 

TRUE INTEREST COST 6.785724% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR A.G. Edwards & Sons, Inc. 

UNDERWRITER MANAGER Boatmen's National Bank of St. Louis 

PAYING AGENT State Street Bank and Trust, NY, NY (acquired 

original Paying Agent, Citibank, N.A. in 7/93) 

AUTHORIZATION Article III, Section 37(c) - $25,000,000 

Section 37(e) - $10,000,000 

Maturities and Interest Rates 



Year Amount 



1990 $ 555,000 

1991 595,000 

1992 635,000 

1993 680,000 

1994 730,000 

1995 785,000 

1996 840,000 

1997 900,000 

1998 965,000 

1999 1,035,000 

2000 1,105,000 

2001 1,175,000 

2002 1,255,000 

Redemption 

At the option of the Board, bonds maturing on September 1 , 2000 and thereafter may be called 
for redemption and payment prior to maturity, on September 1, 1999 and thereafter, in whole at any 
time or in part on any interest payment date, in inverse order of maturity (bonds of less than a full 
maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall designate), at 
a redemption price equal to 100% of the principal amount thereof, together with accrued interest 
thereon to the redemotion date, without oremium. 



Rate 


Year 


8.90% 


2003 


8.90% 


2004 


8.90% 


2005 


8.00% 


2006 


7.80% 


2007 


7.75% 


2008 


7.75% 


2009 


8.00% 


2010 


7.40% 


2011 


6.40% 


2012 


6.40% 


2013 


6.50% 


2014 


6.50% 





Amount 


Rate 


$ 1,340,000 


6.60% 


1,430,000 


6.60% 


1,525,000 


6.60% 


1,630,000 


6.65% 


1,740,000 


6.70% 


1,860,000 


6.70% 


1,990,000 


6.70% 


2,130,000 


6.75% 


2,275,000 


6.75% 


2,435,000 


6.75% 


2,605,000 


6.75% 


2,785,000 


6.75% 



-79- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$35,000,000 
SERIES A 1989 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States registered mail addressed to the State Auditor of Missouri, to the registered owner of 
any bond being redeemed, and to the manager of the underwriting group purchasing the bonds, each 
of said notices to be mailed not less than 30 days prior to the date fixed for redemption. 

Defeasance 

On August 1, 1993, $27,280,000 of outstanding Series A 1989 Bonds were refunded with the 
issuance of Series B 1993 Refunding Bonds. This amount represented only the callable portions of 
the bonds, $5,935,000 of the bonds were not refunded and remain a liability of the Board. The 
proceeds of the refunding bonds were deposited in an escrow fund with Boatmen's Trust Company, 
St. Louis. The money in the escrow fund was used to pay the principal and interest of the callable 
portions of the Series A 1989 Bonds. With the deposit of these moneys in the escrow fund, the 
callable portions of the Series A 1989 Bonds were legally defeased. 

Call Date 

The Series A 1989 Bonds maturing on September 1, 2000, and thereafter were called for 
redemption on September 1, 1999, at 100%. 



-80 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1 989 (FY2001 -1 5 CALLABLES REFUNDED BY SERIES B 1 993 REFUNDING) 

DATE ISSUED: 9/1/89 

AMOUNT OF ISSUE: $35,000,000 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL OUTSTANDING 

YEAR 9/1 3/1 9/1 DEBT SERVICE PRINCIPAL 

1972 .... 

1973 .... 

1974 .... 

1975 .... 

1976 .... 

1977 .... 

1978 .... 

1979 .... 

1980 .... 

1981 .... 

1982 .... 

1983 .... 

1984 .... 

1985 .... 

1986 .... 

1987 .... 

1988 .... 



1989 












1990 




1,213,191.25 




1,213,191.25 


35,000,000.00 


1991 


1,213,191.25 


1,188,493.75 


555,000.00 


2,956,685.00 


34,445,000.00 


1992 


1,188,493.75 


1,162,016.25 


595,000.00 


2,945,510.00 


33,850,000.00 


1993 


1,162,016.25 


1,133,758.75 


635,000.00 


2,930,775.00 


33,215,000.00 


1994 


223,463.75 


196,263.75 


680,000.00 


1,099,727.50 


5,255,000.00 


1995 


196,263.75 


167,793.75 


730,000.00 


1,094,057.50 


4,525,000.00 


1996 


167,793.75 


137,375.00 


785,000.00 


1,090,168.75 


3,740,000.00 


1997 


137,375.00 


104,825.00 


840,000.00 


1,082,200.00 


2,900,000.00 


1998 


104,825.00 


68,825.00 


900,000.00 


1,073,650.00 


2,000,000.00 


1999 


68,825.00 


33,120.00 


965,000.00 


1,066,945.00 


1,035,000.00 


2000 


33,120.00 




1,035,000.00 


1,068,120.00 




2001 













2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 



TOTAL 4,495,367.50 5,405,662.50 7,720,000.00 17,621,030.00 



-81 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 (Partially Refunded) 



SERIES A 1991 

DATED ----- August 1,1991 

SALE DATE - July 17, 1991 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1992 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1 992 

TRUE INTEREST COST 6.537782% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR Boatmen's National Bank of St. Louis 

UNDERWRITER MANAGER Kidder, Peabody & Co. 

PAYING AGENT State Street Bank and Trust, NY, NY (acquired 

original Paying Agent, Citibank, N.A., in 7/93) 

AUTHORIZATION ----- Article III, Section 37(c) - $25,000,000 

Section 37(e) - $10,000,000 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1992 


$ 555,000 


8.40% 


2005 


$ 1,335,000 


6.38% 


1993 


590,000 


8.40% 


2006 


1,425,000 


6.38% 


1994 


635,000 


8.40% 


2007 


1,525,000 


6.38% 


1995 


680,000 


8.40% 


2008 


1,635,000 


6.40% 


1996 


725,000 


8.40% 


2009 


1,750,000 


6.40% 


1997 


775,000 


8.40% 


2010 


1,870,000 


6.50% 


1998 


830,000 


8.40% 


2011 


2,000,000 


6.50% 


1999 


890,000 


7.50% 


2012 


2,140,000 


6.50% 


2000 


950,000 


5.90% 


2013 


2,290,000 


6.50% 


2001 


1,020,000 


6.00% 


2014 


2,450,000 


6.50% 


2002 


1,090,000 


6.10% 


2015 


2,625,000 


6.50% 


2003 


1,165,000 


6.20% 


2016 


2,805,000 


6.50% 


2004 


1,245,000 


6.20% 









Redemption 

At the option of the Board, bonds maturing on August 1 , 2002 and thereafter may be called for 
redemption and payment prior to maturity, on August 1, 2001 and thereafter, in whole at any time or in 
part on any interest payment date, in inverse order of maturity (bonds of less than a full maturity to be 
selected by lot by the Bond Registrar in such equitable manner as it shall designate), at a redemption 
price equal to 100% of the principal amount thereof, together with accrued interest thereon to the 
redemption date, without premium. 



-82 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 
SERIES A 1991 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Defeasance 

On August 1, 1993, $27,350,000 of outstanding Series A 1991 Bonds were refunded with the 
issuance of Series B 1993 Refunding Bonds. This amount represented only the callable portions of the 
bonds, $7,095,000 of the bonds were not refunded and remain a liability of the Board. The proceeds of 
the refunding bonds were deposited in an escrow fund with Boatmen's Trust Company, St. Louis. The 
money in the escrow fund was used to pay the principal and interest of the callable portions of the 
Series A 1991 Bonds. With the deposit of these moneys in the escrow fund, the callable portions of the 
Series A 1991 Bonds were legally defeased. 

Call Date 

The Series A 1991 Bonds maturing on August 1, 2002, and thereafter were called for redemption 
on August 1 , 2001 , at 1 00%. 



-83 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1 991 (FY2003-1 7 CALLABLES REFUNDED BY SERIES B 1 993 REFUNDING) 

DATE ISSUED: 8/1/91 

AMOUNT OF ISSUE: $35,000,000 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL OUTSTANDING 

YEAR 8/1 2/1 8/1 DEBT SERVICE PRINCIPAL 



1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 



2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 



1991 












1992 




1,171,889.38 




1,171,889.38 


35,000,000.00 


1993 


1,171,889.38 


1,148,579.38 


555,000.00 


2,875,468.76 


34,445,000.00 


1994 


1,148,579.38 


245,090.00 


590,000.00 


1,983,669.38 


6,505,000.00 


1995 


245,090.00 


218,420.00 


635,000.00 


1,098,510.00 


5,870,000.00 


1996 


218,420.00 


189,860.00 


680,000.00 


1,088,280.00 


5,190,000.00 


1997 


189,860.00 


159,410.00 


725,000.00 


1,074,270.00 


4,465,000.00 


1998 


159,410.00 


126,860.00 


775,000.00 


1,061,270.00 


3,690,000.00 


1999 


126,860.00 


92,000.00 


830,000.00 


1,048,860.00 


2,860,000.00 


2000 


92,000.00 


58,625.00 


890,000.00 


1,040,625.00 


1,970,000.00 


2001 


58,625.00 


30,600.00 


950,000.00 


1,039,225.00 


1,020,000.00 


2002 


30,600.00 




1,020,000.00 


1,050,600.00 





TOTAL 3,441,333.76 3,441,333.76 7,650,000.00 14,532,667.52 



-84- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$17,435,000 (Partially Refunded) 

SERIES B 1991 REFUNDING 



DATED ----- November 1 , 1 991 

SALE DATE - October 23, 1 991 

INTEREST PAYMENT DATES May1 and November 1 commencing May 1, 1992 

PRINCIPAL PAYMENT DATE November 1 commencing November 1 , 1 992 

TRUE INTEREST COST 6.1 1 0755% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR Boatmen's National Bank of St. Louis 

UNDERWRITER MANAGER Goldman, Sachs & Co. 

PAYING AGENT The Chase Manhattan Bank, New York, NY 

ESCROW AGENT Commerce Bank of Kansas City 

ESCROW VERIFICATION AGENT Causey Demgen and Moore, Denver, CO 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1992 


$ 75,000 


7.75% 


2003 


$ 1,050,000 


5.80% 


1993 


285,000 


7.75% 


2004 


1,125,000 


6.00% 


1994 


310,000 


7.75% 


2005 


1,195,000 


6.10% 


1995 


630,000 


7.75% 


2006 


1,280,000 


6.20% 


1996 


685,000 


7.75% 


2007 


1,370,000 


6.25% 


1997 


720,000 


6.50% 


2008 


755,000 


6.25% 


1998 


765,000 


5.25% 


2009 


810,000 


6.25% 


1999 


815,000 


5.30% 


2010 


865,000 


6.30% 


2000 


870,000 


5.40% 


2011 


930,000 


6.30% 


2001 


925,000 


5.50% 


2012 


995,000 


6.30% 


2002 


980,000 


5.70% 








Redemption 













At the option of the Board, bonds maturing on November 1 , 2002 and thereafter may be 
called for redemption and payment prior to maturity, on November 1, 2001 and thereafter, in whole 
at any time or in part on any interest payment date, in inverse order of maturity (bonds of less than 
a full maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall 
designate), at a redemption price equal to 100% of the principal amount thereof, together with 
accrued interest thereon to the redemption date, without premium. 



-85- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$17,435,000 
SERIES B 1991 REFUNDING 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be 
given by United States first class, certified or registered mail addressed to the State Auditor of 
Missouri, to the registered owner of any bond being redeemed, and to the manager of the 
underwriting group purchasing the bonds, each of said notices to be mailed not less than thirty (30) 
days prior to the date fixed for redemption. 

Note 

The Series B 1991 Refunding Bonds were issued to refund the callable portions of the 
following bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 



A 1983 $17,400,000 $16,415,000 1994-2008 

The additional principal amount of the Series B 1991 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Water Pollution Control Bonds. 

Defeasance 

On August 1, 1993, $11,355,000 of outstanding Series B 1991 Refunding Bonds were 
refunded with the issuance of Series B 1993 Refunding Bonds. This amount represented only the 
callable portions of the bonds, $6,005,000 of the bonds were not refunded and remain a liability of 
the Board. The proceeds of the refunding bonds were deposited in an escrow fund with Boatmen's 
Trust Company, St. Louis. The money in the escrow fund was used to pay the principal and 
interest of the callable portions of the Series B 1991 Refunding Bonds. With the deposit of these 
moneys in the escrow fund, the callable portions of the Series B 1991 Refunding Bonds were 
legally defeased. 

Call Date 

The Series B 1991 Refunding Bonds maturing on November 1, 2002, and thereafter were 
recalled for redemption on November 1 , 2001 , at 100%. 



-86 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: B 1991 REFUNDING 
DATE ISSUED: 11/1/91 
AMOUNT OF ISSUE: $17,435,000 



(Refunded A1983) 

Refunding Excess: $1,020,000 

(FY03-FY13 refunded with Series B 1993) * 



FISCAL 
YEAR 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 



2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 

TOTAL 



INTEREST 
11/1 



INTEREST 

5/1 



PRINCIPAL 
11/1 



ANNUAL 
DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



1992 




538,786.25 




538,786.25 


17,435,000.00 


1993 


538,786.25 


535,880.00 


75,000.00 


1,149,666.25 


17,360,000.00 


1994 


188,018.75 


176,975.00 


285,000.00 


649,993.75 


5,720,000.00 


1995 


176,975.00 


164,962.50 


310,000.00 


651,937.50 


5,410,000.00 


1996 


164,962.50 


140,550.00 


630,000.00 


935,512.50 


4,780,000.00 


1997 


140,550.00 


114,006.25 


685,000.00 


939,556.25 


4,095,000.00 


1998 


114,006.25 


90,606.25 


720,000.00 


924,612.50 


3,375,000.00 


1999 


90,606.25 


70,525.00 


765,000.00 


926,131.25 


2,610,000.00 


2000 


70,525.00 


48,927.50 


815,000.00 


934,452.50 


1,795,000.00 


2001 


48,927.50 


25,437.50 


870,000.00 


944,365.00 


925,000.00 


2002 


25,437.50 




925,000.00 


950,437.50 




2003 













1.558.795.00 



1.906.656.25 



6.080.000.00 



9.545.451.25 



Amount Refunded: $11, 355, 000 



-87- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$33,575,000 (Refunded) 
SERIES C 1991 REFUNDING 



DATED ----- November 1 , 1 991 

SALE DATE - October 23, 1 991 

INTEREST PAYMENT DATES May 1 and November 1 commencing May 1 , 1 992 

PRINCIPAL PAYMENT DATE November 1 commencing November 1 , 1 992 

TRUE INTEREST COST 6.110755% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR Boatmen's National Bank of St. Louis 

UNDERWRITER MANAGER Goldman, Sachs & Co. 

PAYING AGENT The Chase Manhattan Bank, New York, NY 

ESCROW AGENT Commerce Bank of Kansas City 

ESCROW VERIFICATION AGENT Causey Demgen and Moore, Denver, CO 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1992 


$ 150,000 


7.75% 


2003 


$ 2,015,000 


5.80% 


1993 


545,000 


7.75% 


2004 


2,160,000 


6.00% 


1994 


600,000 


7.75% 


2005 


2,305,000 


6.10% 


1995 


1,210,000 


7.75% 


2006 


2,470,000 


6.20% 


1996 


1,325,000 


7.75% 


2007 


2,645,000 


6.25% 


1997 


1,380,000 


6.50% 


2008 


1,455,000 


6.25% 


1998 


1 ,475,000 


5.25% 


2009 


1,560,000 


6.25% 


1999 


1,565,000 


5.30% 


2010 


1,665,000 


6.30% 


2000 


1,670,000 


5.40% 


2011 


1,785,000 


6.30% 


2001 


1,780,000 


5.50% 


2012 


1,920,000 


6.30% 


2002 


1,895,000 


5.70% 








Redemption 













At the option of the Board, bonds maturing on November 1 , 2002 and thereafter may be called 
for redemption and payment prior to maturity, on November 1, 2001 and thereafter, in whole at any 
time or in part on any interest payment date, in inverse order of maturity (bonds of less than a full 
maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall designate), 
at a redemption price equal to 1 00% of the principal amount thereof, together with accrued interest 
thereon to the redemption date, without premium. 



-88 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$33,575,000 (Refunded) 
SERIES C 1991 REFUNDING 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given 
by United States first class, certified or registered mail addressed to the State Auditor of Missouri, 
to the registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the 
date fixed for redemption. 

Note 

The Series C 1991 Refunding Bonds were issued to refund the callable portions of the 
following bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 



B 1987 $33,450,000 $30,695,000 1995-2012 

The additional principal amount of the Series C 1991 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Water Pollution Control Bonds. 

Defeasance 

On October 15, 2002, $21,875,000 of outstanding Series C 1991 Refunding Bonds were 
refunded with the issuance of Series B 2002 Refunding Bonds. The proceeds of the refunding 
bonds were deposited in an escrow fund with the First Bank of Missouri. The money in the escrow 
fund was used to pay the principal and interest of the Series C 1991 Refunding Bonds. With the 
deposit of these moneys in the escrow fund, the callable portions of the Series C 1991 Refunding 
Bonds were legally defeased. 

Call Date 

The Series C 1991 Refunding Bonds maturing on November 1, 2002, and thereafter were 
called for redemption on October 15, 2002. 



-89 - 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: C 1991 REFUNDING 
DATE ISSUED: 11/1/91 
AMOUNT OF ISSUE: $33,575,000 



(Refunded B1987) 

Refunding Excess: $2,880,000 

(FY03-FY13 refunded with Series B 2002) * 



FISCAL 
YEAR 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 



2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 

TOTAL 



INTEREST 
11/1 



INTEREST 

5/1 



PRINCIPAL 
11/1 



ANNUAL 
DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



1991 












1992 




1,037,638.75 




1,037,638.75 


33,575,000.00 


1993 


1,037,638.75 


1,031,826.25 


150,000.00 


2,219,465.00 


33,425,000.00 


1994 


1,031,826.25 


1,010,707.50 


545,000.00 


2,587,533.75 


32,880,000.00 


1995 


1,010,707.50 


987,457.50 


600,000.00 


2,598,165.00 


32,280,000.00 


1996 


987,457.50 


940,570.00 


1,210,000.00 


3,138,027.50 


31,070,000.00 


1997 


940,570.00 


889,226.25 


1,325,000.00 


3,154,796.25 


29,745,000.00 


1998 


889,226.25 


844,376.25 


1,380,000.00 


3,113,602.50 


28,365,000.00 


1999 


844,376.25 


805,657.50 


1,475,000.00 


3,125,033.75 


26,890,000.00 


2000 


805,657.50 


764,185.00 


1,565,000.00 


3,134,842.50 


25,325,000.00 


2001 


764,185.00 


719,095.00 


1,670,000.00 


3,153,280.00 


23,655,000.00 


2002 


719,095.00 


670,145.00 


1,780,000.00 


3,169,240.00 


21,875,000.00 



9,030,740.00 



9,700,885.00 



11,700,000.00 



30,431,625.00 



Amount Refunded: $21,875,000 



90 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 (Refunded) 



SERIES A 1992 

DATED - August 1,1992 

SALE DATE - July 9, 1992 

INTEREST PAYMENT DATES ----- February 1 and August 1 commencing February 1 , 1 993 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1993 

TRUE INTEREST COST 5.69247% 

BOND COUNSEL Thompson & Mitchell 

FINANCIAL ADVISOR A. G. Edwards & Sons, Inc. 

UNDERWRITER MANAGER Merrill Lynch & Co. 

PAYING AGENT State Street Bank and Trust, NY, NY (acquired 

original Paying Agent, Citibank, N.A. in 7/93) 

AUTHORIZATION Article III, Section 37(c) - $25,000,000 

Section 37(e) - $10,000,000 

Maturities and Interest Rates 



Year Amount 



1993 $ 650,000 

1994 685,000 

1995 725,000 

1996 765,000 

1997 810,000 

1998 855,000 

1999 905,000 

2000 960,000 

2001 1,015,000 

2002 1,070,000 

2003 1,135,000 

2004 1,200,000 

2005 1,270,000 

Redemption 

At the option of the Board, bonds maturing on August 1, 2003 and thereafter may be called for 
redemption and payment prior to maturity, on August 1 , 2002 and thereafter, in whole at any time or in 
part on any interest payment date, in any order of maturity as designated by the Board (bonds of less 
than a full maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall 
designate), at a redemption price equal to 100% of the principal amount thereof, together with 
accrued interest thereon to the redemption date, without premium. 



Rate Year 



7.50% 


2006 


7.50% 


2007 


7.50% 


2008 


7.50% 


2009 


7.50% 


2010 


6.75% 


2011 


5.00% 


2012 


5.00% 


2013 


5.10% 


2014 


5.10% 


2015 


5.25% 


2016 


5.30% 


2017 


5.40% 





Amount 


Rate 


$ 1,345,000 


5.50% 


1,425,000 


5.63% 


1,515,000 


5.63% 


1,610,000 


5.70% 


1,705,000 


5.70% 


1,815,000 


5.70% 


1,925,000 


5.75% 


2,050,000 


5.75% 


2,175,000 


5.75% 


2,315,000 


5.75% 


2,460,000 


5.75% 


2,615,000 


5.75% 



-91 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 (Refunded) 
SERIES A 1992 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Defeasance 

On October 15, 2002, $26,560,000 of outstanding Series A 1992 Bonds were refunded with the 
issuance of Series B 2002 Refunding Bonds. The proceeds of the refunding bonds were deposited in 
an escrow fund with the First Bank of Missouri. The money in the escrow fund was used to pay the 
principal and interest of the Series A 1992 Bonds. With the deposit of these moneys in the escrow 
fund, the callable portions of the Series A 1992 Bonds were legally defeased. 

Call Date 

The Series A 1992 Bonds maturing on August 1, 2003, and thereafter were called for 
redemption on October 15, 2002. 



-92 - 



WATER POLLUTION CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES: A 1992 

DATE ISUED: 8/1/92 

AMOUNT OF ISSUE: $35,000,000 



(FY04-FY18 refunded with Series B 2002) * 



FISCAL 
YEAR 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 



2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 

TOTAL 



INTEREST 

8/1 



INTEREST 

2/1 



PRINCIPAL 
8/1 



ANNUAL 
DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



1992 












1993 




1,016,000.00 




1,016,000.00 


35,000,000.00 


1994 


1,016,000.00 


991,625.00 


650,000.00 


2,657,625.00 


34,350,000.00 


1995 


991,625.00 


965,937.50 


685,000.00 


2,642,562.50 


33,665,000.00 


1996 


965,937.50 


938,750.00 


725,000.00 


2,629,687.50 


32,940,000.00 


1997 


938,750.00 


910,062.50 


765,000.00 


2,613,812.50 


32,175,000.00 


1998 


910,062.50 


879,687.50 


810,000.00 


2,599,750.00 


31,365,000.00 


1999 


879,687.50 


850,831.25 


855,000.00 


2,585,518.75 


30,510,000.00 


2000 


850,831.25 


828,206.25 


905,000.00 


2,584,037.50 


29,605,000.00 


2001 


828,206.25 


804,206.25 


960,000.00 


2,592,412.50 


28,645,000.00 


2002 


804,206.25 


778,323.75 


1,015,000.00 


2,597,530.00 


27,630,000.00 


2003 


778,323.75 




1,070,000.00 


1,848,323.75 





8,963,630.00 



8,963,630.00 



8,440,000.00 



26,367,260.00 



Amount Refunded: $26,560,000 



93 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$50,435,000 
SERIES B 1992 REFUNDING 



(Refunded) 



DATED - - August 1 5, 1 992 

SALE DATE - July 29, 1992 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1 993 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1 993 

TRUE INTEREST COST 5.332850% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR Boatmen's National Bank of St. Louis 

UNDERWRITER MANAGER First Chicago Capital Markets, Inc. 

PAYING AGENT Bank of New York (acquired the trust division of Mercantile 

Bank, 3/98, who merged with original Paying Agent, Mark 
Twain Bank, 6/97) 

ESCROW AGENT Boatmen's Trust Company 

ESCROW VERIFICATION AGENT GrantThornton, Minneapolis, MN 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1993 


$ 100,000 


7.50% 


2002 


$ 3,010,000 


5.000% 


1994 


150,000 


7.50% 


2003 


3,330,000 


5.000% 


1995 


200,000 


7.50% 


2004 


3,570,000 


5.100% 


1996 


250,000 


7.50% 


2005 


3,765,000 


5.250% 


1997 


2,305,000 


7.50% 


2006 


4,100,000 


5.250% 


1998 


2,480,000 


7.50% 


2007 


4,360,000 


5.250% 


1999 


2,705,000 


7.50% 


2008 


4,570,000 


5.250% 


2000 


2,795,000 


5.00% 


2009 


4,800,000 


5.125% 


2001 


2,845,000 


5.00% 


2010 


5,100,000 


5.000% 



Redemption 

At the option of the Board, bonds maturing on August 1, 2003 and thereafter may be called for 
redemption and payment prior to maturity, on August 1 , 2002 and thereafter, in whole at any time or in 
part on any interest payment date, in inverse order of maturity (bonds of less than a full maturity to be 
selected by lot by the Bond Registrar in such equitable manner as it shall designate), at a redemption 
price equal to 100% of the principal amount thereof, together with accrued interest thereon to the 
redemption date, without premium. 



-94- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$50,435,000 (Refunded) 
SERIES B 1992 REFUNDING 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Note 

The Series B 1992 Refunding Bonds were issued to refund the callable portions of the following 
bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

A 1986 $53,040,000 $46,400,000 1997-2010 

The additional principal amount of the Series B 1992 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Water Pollution Control Bonds. 

Defeasance 

On October 15, 2002, $33,595,000 of outstanding Series B 1992 Refunding Bonds were 
refunded with the issuance of Series B 2002 Refunding Bonds. The proceeds of the refunding bonds 
were deposited in an escrow fund with the First Bank of Missouri. The money in the escrow fund was 
used to pay the principal and interest of the Series B 1992 Refunding Bonds. With the deposit of 
these moneys in the escrow fund, the callable portions of the Series B 1992 Refunding Bonds were 
legally defeased. 

Call Date 

The Series B 1992 Refunding Bonds maturing on August 1 , 2003, and thereafter were called for 
redemption on October 15, 2002. 



-95- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: B 1992 REFUNDING 
DATE ISSUED: 8/15/92 
AMOUNT OF ISSUE: $50,435,000 



(Refunded A1986) 

Refunding Excess: $4,035,000 

(FY04-FY1 1 refunded with Series B 2002) * 



FISCAL 
YEAR 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 
1992 



2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 

TOTAL 



INTEREST 

8/1 



INTEREST 

2/1 



PRINCIPAL 
8/1 



ANNUAL 
DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



1993 






1 ,280,993 


.18 




1,280,993.18 


50,435,000.00 


1994 


1,389,028. 


.75 


1 ,385,278 


.75 


100,000.00 


2,874,307.50 


50,335,000.00 


1995 


1,385,278, 


.75 


1,379,653 


.75 


150,000.00 


2,914,932.50 


50,185,000.00 


1996 


1,379,653 


75 


1,372,153 


.75 


200,000.00 


2,951,807.50 


49,985,000.00 


1997 


1,372,153. 


.75 


1,362,778 


.75 


250,000.00 


2,984,932.50 


49,735,000.00 


1998 


1,362,778. 


,75 


1,276,341 


.25 


2,305,000.00 


4,944,120.00 


47,430,000.00 


1999 


1,276,341. 


,25 


1,183,341 


.25 


2,480,000.00 


4,939,682.50 


44,950,000.00 


2000 


1,183,341 


,25 


1,081,903 


.75 


2,705,000.00 


4,970,245.00 


42,245,000.00 


2001 


1,081,903 


,75 


1,012,028 


.75 


2,795,000.00 


4,888,932.50 


39,450,000.00 


2002 


1,012,028 


,75 


940,903 


.75 


2,845,000.00 


4,797,932.50 


36,605,000.00 


2003 


940,903 


.75 






3,010,000.00 


3,950,903.75 





12,383,412.50 



12,275,376.93 



16,840,000.00 



41,498,789.43 



Amount Refunded: $33,595,000 



96 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$30,000,000 (Partially Refunded) 
SERIES A 1993 

DATED ----- August 1,1993 

SALE DATE - July 2 1,1993 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1 994 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1994 

TRUE INTEREST COST 4.9654% 

BOND COUNSEL Thompson & Mitchell 

FINANCIAL ADVISOR A.G. Edwards & Sons Inc., St. Louis 

UNDERWRITER MANAGER The First Boston Corporation 

PAYING AGENT Bank of New York (acquired original Paying Agent, 

Boatmen's Trust Company, 8/97) 

AUTHORIZATION Article III, Section 37(c) - $15,000,000 

Section 37(e) - $15,000,000 

Maturities and Interest Rates 



Year Amount 



1994 $ 610,000 

1995 640,000 

1996 670,000 

1997 705,000 

1998 735,000 

1999 775,000 

2000 815,000 

2001 855,000 

2002 900,000 

2003 945,000 

2004 990,000 

2005 1 ,045,000 

2006 1,100,000 

Redemption 

At the option of the Board, bonds maturing on August 1, 2004 and thereafter may be called for 
redemption and payment prior to maturity, on August 1 , 2003 and thereafter, in whole at any time or in 
part on any interest payment date, in any order of maturity as designated by the Board (bonds of less 
than a full maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall 
designate), at a redemption prices together with accrued interest thereon to the redemption date, set 
forth in the following table: 



Rate 


Year 


Amount 


Rate 


7.300% 


2007 


$ 1,160,000 


5.00% 


7.300% 


2008 


1,225,000 


5.10% 


7.300% 


2009 


1,295,000 


5.10% 


7.300% 


2010 


1,365,000 


5.10% 


5.125% 


2011 


1,445,000 


5.10% 


6.150% 


2012 


1,525,000 


5.10% 


4.300% 


2013 


1,615,000 


5.10% 


4.400% 


2014 


1,705,000 


5.10% 


4.500% 


2015 


1,805,000 


5.10% 


4.600% 


2016 


1,910,000 


5.10% 


4.800% 


2017 


2,025,000 


5.10% 


4.900% 


2018 


2,140,000 


5.10% 


5.000% 









-97- 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$30,000,000 
SERIES A 1993 



(Partially Refunded) 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



August 1 , 2003 through July 31 , 2004 
August 1 , 2004 through July 31 , 2005 
August 1 , 2005 and thereafter 



1 02% 
101% 
1 00% 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



On October 15, 2002, $22,350,000 of outstanding Series A 1993 Bonds were refunded with the 
issuance of Series B 2002 Refunding Bonds. This amount represents only the callable portions of the 
bonds, $945,000 of the bonds were not refunded and remain a liability of the Board. The proceeds of 
the refunding bonds were deposited in an escrow fund with the First Bank of Missouri. The money in 
the escrow fund was used to pay the principal and interest of the callable portions of the Series A 
1993 Bonds. With the deposit of these moneys in the escrow fund, the callable portions of the Series 
A 1993 Bonds were legally defeased. 



The Series A 1993 Bonds maturing on August 1 , 2004, and thereafter were called for redemption 
on August 1, 2003. 



Defeasance 



Call Date 



-98 - 



WATER POLLUTION CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES: A 1993 

DATE ISSUED: 8/1/93 

AMOUNT OF ISSUE: $30,000,000 



(FY05-FY19 refunded with Series B 2002) * 



FISCAL 
YEAR 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 
1992 



2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 

TOTAL 



INTEREST 

8/1 



INTEREST 

2/1 



PRINCIPAL 
8/1 



ANNUAL 
DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



1993 












1994 




783,060.63 




783,060.63 


30,000,000.00 


1995 


783,060.63 


760,795.63 


610,000.00 


2,153,856.26 


29,390,000.00 


1996 


760,795.63 


737,435.63 


640,000.00 


2,138,231.26 


28,750,000.00 


1997 


737,435.63 


712,980.63 


670,000.00 


2,120,416.26 


28,080,000.00 


1998 


712,980.63 


687,248.13 


705,000.00 


2,105,228.76 


27,375,000.00 


1999 


687,248.13 


668,413.75 


735,000.00 


2,090,661.88 


26,640,000.00 


2000 


668,413.75 


644,582.50 


775,000.00 


2,087,996.25 


25,865,000.00 


2001 


644,582.50 


627,060.00 


815,000.00 


2,086,642.50 


25,050,000.00 


2002 


627,060.00 


608,250.00 


855,000.00 


2,090,310.00 


24,195,000.00 


2003 


608,250.00 


21,735.00 


900,000.00 


1,529,985.00 


945,000.00 


2004 


21,735.00 




945,000.00 


966,735.00 





6.251.561.90 



6.251.561.90 



7.650.000.00 



20.153.123.80 



Amount Refunded: $22,350,000 



99 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 
$109,415,000 
SERIES B 1993 REFUNDING 



(Refunded) 



DATED August 1,1993 

SALE DATE - July 2 1,1993 

INTEREST PAYMENT DATES ------ February 1 and August 1 commencing February 1 , 1 994 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1 994 

TRUE INTEREST COST 4.9654% 

BOND COUNSEL Thompson & Mitchell 

FINANCIAL ADVISOR A.G. Edwards & Sons Inc., St. Louis 

UNDERWRITER MANAGER The First Boston Corporation 

PAYING AGENT Bank of New York (acquired original Paying Agent, 

Boatmen's Trust Company, 8/97) 

ESCROW AGENT Boatmen's Trust Company 

ESCROW VERIFICATION AGENT Causey, Demgen & Moore, Denver, CO 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1994 


$ 735,000 


7.300% 


2006 


$ 8,115,000 


5.00% 


1995 


795,000 


7.300% 


2007 


8,535,000 


5.00% 


1996 


860,000 


7.300% 


2008 


8,290,000 


5.10% 


1997 


935,000 


7.300% 


2009 


6,490,000 


5.10% 


1998 


3,305,000 


5.125% 


2010 


4,935,000 


5.10% 


1999 


3,460,000 


6.150% 


2011 


5,205,000 


5.10% 


2000 


4,710,000 


4.300% 


2012 


5,485,000 


5.10% 


2001 


4,410,000 


4.400% 


2013 


4,725,000 


5.10% 


2002 


6,665,000 


4.500% 


2014 


4,980,000 


5.10% 


2003 


7,000,000 


4.600% 


2015 


2,295,000 


5.10% 


2004 


7,345,000 


4.800% 


2016 


2,420,000 


5.10% 


2005 


7,720,000 


4.900% 








Redemption 













At the option of the Board, bonds maturing on August 1, 2004 and thereafter may be called for 
redemption and payment prior to maturity, on August 1 , 2003 and thereafter, in whole at any time or in 
part on any interest payment date, in any order of maturity as designated by the Board (bonds of less 
than a full maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall 
designate), at a redemption prices together with accrued interest thereon to the redemption date, set 
forth in the following table: 



- 100 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$109,415,000 (Refunded) 
SERIES B 1993 REFUNDING 



Redemption (continued) 

Redemption 

Redemption Dates Prices 



August 1 , 2003 through July 31 , 2004 1 02% 

August 1 , 2004 through July 31 , 2005 101% 
August 1 , 2005 and thereafter 1 00% 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



Note 



The Series B 1993 Refunding Bonds were issued to refund the callable portions of the following 
bonds: 



Outstanding Principal Maturities 

Series Principal Refunded Refunded 

A 1987 Refunding $42,825,000 $33,240,000 1998-2009 

A 1989 33,215,000 27,280,000 2000-2014 

A 1991 34,445,000 27,350,000 2002-2016 

B 1991 Refunding 17,360,000 11,355,000 2002-2012 



$99,225,000 



The additional principal amount of the Series B 1993 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Water Pollution Control Bonds. 



Defeasance 



On October 7, 2003, $76,540,000 of outstanding Series B 1993 Refunding Bonds were refunded 
with the issuance of Series A 2003 Refunding Bonds. The proceeds of the refunding bonds were 
deposited in an escrow fund with the UMB Bank. The money in the escrow fund is to be used to pay 
the principal and interest of the Series B 1993 Refunding Bonds. With the deposit of these moneys in 
the escrow fund, the callable portions of the Series B 1993 Refunding Bonds were legally defeased. 



Call Date 



The Series B 1993 Refunding Bonds maturing on August 1 , 2004, and thereafter were called for 
redemption on October 29, 2003. 



- 101 - 



WATER POLLUTION CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES: B 1993 REFUNDING 

DATE ISSUED: 8/1/93 

AMOUNT OF ISSUE: $109,415,000 



FISCAL 
YEAR 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 
1992 
1993 



2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 

TOTAL 



INTEREST 

8/1 



INTEREST 

2/1 



(Refunded A1 987 Refunding, A1 989, A1 991 , 
B1991 Refunding) 
Refunding Excess: $10,190,000 
(FY05-FY1 7 refun de d with Series A 200 3)* 
PRINCIPAL ANNUAL 
8/1 DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



1994 






2,746,403. 


13 




2,746,403.13 


109,415,000.00 


1995 


2,746,403. 


13 


2,719,575. 


.63 


735,000.00 


6,200,978.76 


108,680,000.00 


1996 


2,719,575. 


63 


2,690,558 


.13 


795,000.00 


6,205,133.76 


107,885,000.00 


1997 


2,690,558. 


13 


2,659,168 


,13 


860,000.00 


6,209,726.26 


107,025,000.00 


1998 


2,659,168. 


13 


2,625,040. 


63 


935,000.00 


6,219,208.76 


106,090,000.00 


1999 


2,625,040. 


63 


2,540,350. 


00 


3,305,000.00 


8,470,390.63 


102,785,000.00 


2000 


2,540,350. 


00 


2,433,955. 


,00 


3,460,000.00 


8,434,305.00 


99,325,000.00 


2001 


2,433,955. 


00 


2,332,690 


,00 


4,710,000.00 


9,476,645.00 


94,615,000.00 


2002 


2,332,690 


00 


2,235,670. 


,00 


4,410,000.00 


8,978,360.00 


90,205,000.00 


2003 


2,235,670. 


.00 


2,085,707. 


,50 


6,665,000.00 


10,986,377.50 


83,540,000.00 


2004 


2,085,707. 


50 






7,000,000.00 


9,085,707.50 





25.069.118.15 



25.069.118.15 



32.875.000.00 



83.013.236.30 



Amount Refunded: $76,540,000 



- 102 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 



$30,000,000 (Partially Refunded) 
SERIES A 1995 

DATED April 1,1995 

SALE DATE - - March 28, 1 995 

INTEREST PAYMENT DATES April 1 and October 1 commencing October 1 , 1995 

PRINCIPAL PAYMENT DATE April 1 commencing April 1 , 1 996 

TRUE INTEREST COST 5.61 52% 

BOND COUNSEL Gilmore & Bell and Hardwick Law Firm 

FINANCIAL ADVISOR A.G. Edwards & Sons 

UNDERWRITER MANAGER Morgan Stanley & Co. 

PAYING AGENT Bank of New York (acquired original Paying Agent, 

Boatmen's Trust Company, 8/97) 

AUTHORIZATION Article III, Section 37(c) - $ 5,000,000 

Section 37(e) - $25,000,000 

Maturities and Interest Rates 



Year Amount 



1996 $ 550,000 

1997 590,000 

1998 635,000 

1999 680,000 

2000 730,000 

2001 770,000 

2002 815,000 

2003 860,000 

2004 900,000 

2005 950,000 

2006 1,000,000 

2007 1,050,000 

2008 1,105,000 

Redemption 

At the option of the Board, bonds maturing on April 1, 2006 and thereafter may be called for 
redemption and payment prior to maturity on April 1 , 2005 and thereafter, in whole at any time or in 
part on any interest payment date at redemption prices as follows: 



Rate 


Year 


Amount 


Rate 


8.000% 


2009 


$ 1,170,000 


5.400% 


6.000% 


2010 


1,235,000 


5.400% 


6.000% 


2011 


1,300,000 


5.500% 


6.000% 


2012 


1,375,000 


5.500% 


6.000% 


2013 


1,455,000 


5.600% 


6.000% 


2014 


1,540,000 


5.600% 


6.000% 


2015 


1,625,000 


5.600% 


7.000% 


2016 


1,720,000 


5.625% 


7.000% 


2017 


1,820,000 


5.625% 


7.000% 


2018 


1,925,000 


5.500% 


5.125% 


2019 


2,040,000 


5.500% 


5.250% 


2020 


2,160,000 


5.500% 


5.375% 









- 103 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$30,000,000 
SERIES A 1995 



(Partially Refunded) 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



April 1 , 2005 through March 31 , 2006 
April 1 , 2006 through March 31 , 2007 
April 1 , 2007 and thereafter 



102% 
101% 
100% 



The bonds maturing April 1 , 2020 are subject to mandatory redemption in integral multiples of 
$5,000 selected by lot by the Bond Registrar, through the application of sinking fund payments at a 
redemption price equal to 100% plus accrued interest thereon, on April 1 of each of the following 
years in principal amounts as follows: 



In the event of any redemption, the Board or Bond Registrar acting on behalf of the Board, shall 
give written notice of its intention to redeem and pay the bonds by United State first class, registered 
or certified mail addressed to the registered owner of the bonds to be redeemed and to the manager 
of the underwriter group purchasing the bonds, each of the notices to be mailed not less than 30 days 
prior to the date fixed for redemption. 



On October 15, 2002, $22,520,000 of outstanding Series A 1995 Bonds were refunded with the 
issuance of Series B 2002 Refunding Bonds. This amount represents only the callable portions of the 
bonds, $2,710,000 of the bonds were not refunded and remain a liability of the state. The proceeds of 
the refunding bonds were deposited in an escrow fund with the First Bank of Missouri. The money in 
the escrow fund is to be used to pay the principal and interest of the callable portions of the Series A 
1995 Bonds. With the deposit of these moneys in the escrow fund, the callable portions of the Series 
A 1 995 Bonds were legally defeased. 



The Series A 1995 Bonds maturing on April 1, 2006, and thereafter were called for redemption 
on April 1, 2005. 



Year 



2018 
2019 

2020 (maturity) 



$1,925,000 
$2,040,000 
$2,160,000 



Defeasance 



Call Date 



- 104- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1995 
DATE OF ISSUE: 4/1/95 

AMOUNT OF ISSUE: $30,000,000 (FY06-FY20 refunded with Series B 2002) 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL ~ OUTSTANDING 

YEAR 10/1 4/1 4/1 DEBT SERVICE PRINCIPAL 

1972 

1973 .... 

1974 .... 

1975 .... 

1976 .... 

1977 .... 

1978 .... 

1979 .... 

1980 .... 

1981 .... 

1982 .... 

1983 .... 

1984 .... 

1985 .... 

1986 .... 

1987 .... 

1988 .... 

1989 .... 

1990 .... 

1991 .... 

1992 .... 

1993 .... 



1994 












1995 










30,000,000.00 


1996 


862,191.88 


862,191.88 


550,000.00 


2,274,383.76 


29,450,000.00 


1997 


840,191.88 


840,191.88 


590,000.00 


2,270,383.76 


28,860,000.00 


1998 


822,491 .88 


822,491.88 


635,000.00 


2,279,983.76 


28,225,000.00 


1999 


803,441.88 


803,441.88 


680,000.00 


2,286,883.76 


27,545,000.00 


2000 


783,041.88 


783,041 .88 


730,000.00 


2,296,083.76 


26,815,000.00 


2001 


761,141.88 


761,141.88 


770,000.00 


2,292,283.76 


26,045,000.00 


2002 


738,041 .88 


738,041.88 


815,000.00 


2,291,083.76 


25,230,000.00 


2003 


713,591.88 


94,850.00 


860,000.00 


1,668,441.88 


1,850,000.00 


2004 


64,750.00 


64,750.00 


900,000.00 


1,029,500.00 


950,000.00 


2005 


33,250.00 


33,250.00 


950,000.00 


1,016,500.00 




2006 













2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 



TOTAL 6,422,135.04 5,803,393.16 7,480,000.00 19,705,528.20 



Amount Refunded: $22,520,000 



- 105 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 (Refunded) 



SERIES A 1996 

DATED ----- August 1,1996 

SALE DATE July 9, 1996 

INTEREST PAYMENT DATES ----- February 1 and August 1 commencing February 1 , 1 997 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1997 

TRUE INTEREST COST 5.673935% 

BOND COUNSEL Kutak Rock and Hardwick Law Firm 

FINANCIAL ADVISOR Boatmen's National Bank and Friedman, Luzzato & Co. 

UNDERWRITER MANAGER - Merrill Lynch & Co. 

PAYING AGENT Bank of New York (acquired original Paying Agent, 

Boatmen's Trust Co., 8/97) 

AUTHORIZATION Article III, Section 37(c) - $13,000,000 

Section 37(e) - $22,000,000 

Maturities and Interest Rates 



Year Amount 



1997 $ 750,000 

1998 775,000 

1999 810,000 

2000 840,000 

2001 880,000 

2002 920,000 

2003 960,000 

2004 1,005,000 

2005 1,055,000 

2006 1,105,000 

2007 1,160,000 

2008 1,220,000 

2009 1,285,000 

Redemption 

At the option of the Board, bonds maturing on August 1, 2007 and thereafter may be called for 
redemption and payment prior to maturity on August 1 , 2006 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



Rate 


Year 


6.00% 


2010 


6.00% 


2011 


6.00% 


2012 


6.00% 


2013 


6.00% 


2014 


6.00% 


2015 


6.00% 


2016 


6.00% 


2017 


6.00% 


2018 


6.25% 


2019 


5.20% 


2020 


5.30% 


2021 


5.40% 





Amount 


Rate 


$ 1,355,000 


5.60% 


1,425,000 


5.60% 


1,505,000 


5.70% 


1,585,000 


5.75% 


1,675,000 


5.75% 


1,770,000 


5.75% 


1,870,000 


5.50% 


1,975,000 


5.50% 


2,085,000 


5.75% 


2,200,000 


5.75% 


2,330,000 


5.75% 


2,460,000 


5.50% 



- 106 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 (Refunded) 
SERIES A 1996 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

These bonds are book entry only. 

Defeasance 

On October 15, 2002, $25,900,000 of outstanding Series A 1996 Bonds were refunded with the 
issuance of Series B 2002 Refunding Bonds. This amount represents only the callable portions of the 
bonds, $4,125,000 of the bonds were not refunded and remain a liability of the Board. The proceeds 
of the refunding bonds were deposited in an escrow fund with the First Bank of Missouri. The money 
in the escrow fund is to be used to pay the principal and interest on the callable portions of the Series 
A 1996 Bonds. With the deposit of these moneys in the escrow fund, the callable portions of the 
Series A 1996 Bonds were legally defeased. 

On June 29, 2005, $2,160,000 of outstanding Series A 1996 Bonds were refunded with the 
issuance of Series A 2005 Refunding Bonds. The proceeds of the refunding bonds were deposited in 
an escrow fund with UMB Bank. The money in the escrow fund is to be used to pay the principal and 
interest on the Series A 1996 Bonds. With the deposit of these moneys in the escrow fund, the Series 
A 1 996 Bonds were legally defeased. 

Call Date 

The Series A 1996 Bonds maturing on April 1 , 2007, and thereafter will be called for redemption 
on August 1, 2006. 



- 107- 



WATER POLLUTION CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1996 

DATE OF ISSUE: 8/1/96 (FY06-FY07 refunded with Series A 2005) 

AMOUNT OF ISSUE: $35,000,000 (FY08-FY22 refunded with Series B 2002) 



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OAAO 


AAC OOA AA 

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OOA AAA AA 

ooU,UUU.UU 


O CCyl ACA AA 

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o0,y4b,U00.U0 


OAAO 


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o/o,ooU.UU 


HOC HOH OC 

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AOA AAA AA 

9^U,00U.0U 


H AOO ACH OC 

i ,y<;o,ybi .dO 


A H OC AAA AA 

4,1 ^b,UUU.UU 


OAA/1 


IOC lOH OC 

1 do,\ ol .do 


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9b,oo1 .do 


ACA AAA AA 

ybu,ouu.ou 


H -1 O H /I CO C A 

1 , l ol ,4b<i.b0 


O H CC AAA AA 

o,1 bb,UUU.UU 


OAAC 


AC OOH OC 

yb,oo1 .^0 


CC H O H OC 

bb,1 Ol .^0 


H AAC AAA AA 

1 ,UUb,UUU.UU 


H HC"7C-IOCA 

1 ,1 b/,o1 ^.bO 




OA AC 












OA A"7 












OAAO 

^(JUo 












OA An 












OA H A 
^01 U 












OA H H 












OA H O 
dVl d 












OA H O 












OA H /I 












OA H C 
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OA H C 

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OA H "7 












OA h o 












90.1 Q 












2020 


- 


- 


- 


- 


- 


2021 












2022 


- 


- 


- 


- 


- 


2023 












2024 












2025 












2026 












2027 












2028 












TOTAL 


5,869,142.50 


5,935,323.75 


6,940,000.00 


18,744,466.25 




* 


Amount Refunded: 


$25,900,000 








** 


Amount Refunded: 


$2,160,000 









- 108 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 (Refunded) 



SERIES A 1998 

DATED-- - June 1,1998 

SALE DATE - June 9, 1998 

INTEREST PAYMENT DATES December 1 and June 1 commencing December 1 , 1 998 

PRINCIPAL PAYMENT DATE June 1 commencing June 1 , 1999 

TRUE INTEREST COST 4.8772% 

BOND COUNSEL Kutak Rock and Hardwick Law Firm 

FINANCIAL ADVISOR NationsBank, N.A. 

UNDERWRITER MANAGER A.G. Edwards & Sons 

PAYING AGENT UMB Bank of Kansas City 

AUTHORIZATION Article III, Section 37(c) - $7,505,760 

Section 37(e) - $27,494,240 

Maturities and Interest Rates 



Year Amount 



1999 $ 805,000 

2000 835,000 

2001 865,000 

2002 900,000 

2003 935,000 

2004 970,000 

2005 1,010,000 

2006 1,055,000 

2007 1,100,000 

2008 1,145,000 

2009 1,195,000 

2010 1,250,000 

2011 1,305,000 

Redemption 

At the option of the Board, bonds maturing on June 1 , 2009 and thereafter may be called for 
redemption and payment prior to maturity on June 1 , 2008 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



Rate 


Year 


Amount 


Rate 


5.000% 


2012 


$ 1,365,000 


4.625% 


6.250% 


2013 


1,430,000 


4.700% 


6.250% 


2014 


1,500,000 


4.750% 


6.250% 


2015 


1,575,000 


4.800% 


6.250% 


2016 


1,650,000 


4.850% 


6.250% 


2017 


1,730,000 


4.875% 


5.125% 


2018 


1,820,000 


5.000% 


4.250% 


2019 


1,910,000 


5.000% 


4.250% 


2020 


2,005,000 


4.500% 


4.300% 


2021 


2,105,000 


5.000% 


5.000% 


2022 


2,215,000 


5.000% 


4.500% 


2023 


2,325,000 


5.000% 


4.600% 









- 109 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$35,000,000 
SERIES A 1998 



(Refunded) 



Redemption (continued) 

The bonds maturing June 1 , 2023 are subject to mandatory redemption in integral multiples of 
$5,000 selected by lot by the Bond Registrar, through the application of sinking fund payments at a 
redemption price equal to 100% plus accrued interest thereon, on June 1 of each of the following 
years in principal amounts as follows: 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



On June 29, 2005, $28,680,000 of outstanding Series A 1998 Bonds were refunded with the 
issuance of Series A 2005 Refunding Bonds. The proceeds of the refunding bonds were deposited in 
an escrow fund with UMB Bank. The money in the escrow fund is to be used to pay the principal and 
interest on the Series A 1998 Bonds. With the deposit of these moneys in the escrow fund, the Series 
A 1 998 Bonds were legally defeased. 



Year 



2021 
2022 

2023 (maturity) 



$2,105,000 
$2,215,000 
$2,325,000 



Defeasance 



-110 - 



WATER POLLUTION CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES A 1998 

DATE OF ISSUE: 6/1/98 

AMOUNT OF ISSUE: $35,000,000 



(FY06-FY23 refunded with Series A 2005)* 



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7on OO A oo 


7on oo/i oo 
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y /U,UUU.UU 


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7nn C~7H OO 

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"701*1 C~7H OO 

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^010 












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^013 












^014 












^015 












2016 












OrtH "7 

<£01 7 












^018 












£_u i y 












2020 


- 






- 


- 


2021 












2022 












2023 












2024 












2025 












2026 












2027 












2028 












TOTAL 


5,560,878.16 


5,560,878.16 


6,320,000.00 


17,441,756.32 





* Amount Refunded: $28,680,000 



-111 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$20,000,000 (Refunded) 



SERIES A 1999 

DATED October 1 , 1 999 

SALE DATE - September 28, 1 999 

INTEREST PAYMENT DATES April 1 and October 1 commencing April 1 , 2000 

PRINCIPAL PAYMENT DATE October 1 commencing October 1 , 2000 

TRUE INTEREST COST - - - 5.399534% 

BOND COUNSEL Hardwick Law Firm and McDowell, Rice, Smith & Gaar 

FINANCIAL ADVISOR Banc of America Securities, LLC 

UNDERWRITER MANAGER Banc of America Securities, LLC and Associates 

PAYING AGENT UMB Bank of Kansas City 

AUTHORIZATION Article III, Section 37(e) - $10,000,000 

Section 37(g) - $10,000,000 

Maturities and Interest Rates 



Year Amount 



2000 $ 445,000 

2001 460,000 

2002 480,000 

2003 500,000 

2004 520,000 

2005 540,000 

2006 565,000 

2007 590,000 

2008 615,000 

2009 645,000 

2010 675,000 

201 1 705,000 

2012 740,000 

Redemption 

At the option of the Board, bonds maturing on October 1 , 2010 and thereafter may be called for 
redemption and payment prior to maturity on October 1 , 2009 and thereafter, in whole at any time or 
in part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



Rate 


Year 


5.650% 


2013 


5.000% 


2014 


5.850% 


2015 


7.500% 


2016 


6.500% 


2017 


4.500% 


2018 


4.600% 


2019 


4.700% 


2020 


5.625% 


2021 


5.625% 


2022 


4.950% 


2023 


5.050% 


2024 


5.150% 





Amount 


Rate 


780,000 


5.200% 


820,000 


5.250% 


860,000 


5.300% 


905,000 


5.375% 


950,000 


5.400% 


1,000,000 


5.450% 


1,055,000 


5.450% 


1,110,000 


5.500% 


1,165,000 


5.500% 


1,225,000 


5.500% 


1,290,000 


5.500% 


1,360,000 


5.500% 



-112 - 



BOARD OF FUND COMMISSIONERS 
WATER POLLUTION CONTROL BONDS 

$20,000,000 
SERIES A 1999 



(Refunded) 



Redemption (continued) 

The bonds maturing October 1 , 2024 are subject to mandatory redemption in integral multiples 
of $5,000 selected by lot by the Bond Registrar, through the application of sinking fund payments at a 
redemption price equal to 100% plus accrued interest thereon, on October 1 of each of the following 
years in principal amounts as follows: 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



On June 29, 2005, $17,595,000 of outstanding Series A 1999 Bonds were refunded with the 
issuance of Series A 2005 Refunding Bonds. The proceeds of the refunding bonds were deposited in 
an escrow fund with UMB Bank. The money in the escrow fund is to be used to pay the principal and 
interest on the Series A 1999 Bonds. With the deposit of these moneys in the escrow fund, the Series 
A 1999 Bonds were legally defeased. 



Year 



2022 
2023 

2024 (maturity) 



$1,225,000 
$1,290,000 
$1,360,000 



Defeasance 



-113 - 



WATER POLLUTION CONTROL BONDS 

DEBT SERVICE SCHEDULE 

SERIES A 1999 

DATE OF ISSUE: 10/1/99 

AMOUNT OF ISSUE: $20,000,000 



(FY06-FY25 refunded with Series A 2005)* 



FISCAL 
YEAR 

1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 
1992 
1993 
1994 
1995 
1996 
1997 
1998 
1999 
2000 
2001 
2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 



INTEREST 
10/1 



INTEREST 

4/1 



PRINCIPAL 
10/1 



ANNUAL 
DEBT SERVICE 



OUTSTANDING 
PRINCIPAL 



541,461.88 
528,890.63 
517,390.63 
503,350.63 
484,600.63 



541 ,461 .88 
528,890.63 
517,390.63 
503,350.63 
484,600.63 
467,700.63 



445,000.00 
460,000.00 
480,000.00 
500,000.00 
520,000.00 



541 ,461 .88 
1,515,352.51 
1,506,281.26 
1,500,741.26 
1,487,951.26 
1,472,301.26 



20,000,000.00 
19,555,000.00 
19,095,000.00 
18,615,000.00 
18,115,000.00 



TOTAL 



2,575,694.40 



3,043,395.03 



2,405,000.00 



8,024,089.43 



0.00 



* Amount Refunded: $17,595,000 



-114- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 



$40,000,000 (Partially Refunded) 
SERIES A 1983 

DATED ----- February 1 , 1 983 

SALE DATE January 1 9, 1 983 

INTEREST PAYMENT DATES August 1 and February 1 commencing August 1 , 1983 

PRINCIPAL PAYMENT DATE February 1 commencing February 1 , 1 984 

TRUE INTEREST COST 8.101 159% 

BOND COUNSEL Gaar & Bell 

FINANCIAL ADVISOR E. F. Hutton & Company, Inc. 

UNDERWRITER MANAGER Centerre Bank, N.A. 

PAYING AGENT Commerce Bank of Kansas City, N.A. and Boatmen's 

National Bank of St. Louis (formerly Centerre 
Trust Company of St. Louis) 

AUTHORIZATION Article III, Section 37(d) 

Maturities and Interest Rates 



Year Amount 



1984 $ 470,000 

1985 515,000 

1986 560,000 

1987 610,000 

1988 665,000 

1989 725,000 

1990 790,000 

1991 865,000 

1992 940,000 

1993 1,025,000 

1994 1,115,000 

1995 1,220,000 

1996 1,330,000 

Redemption 

The Series A 1983 State Building Bonds maturing on February 1 , 1994, and thereafter, may, at 
the option of the Board, be called for redemption and payment prior to maturity as a whole or in part 
in inverse order of maturity on February 1, 1993, or on any interest payment date thereafter, at the 
following prices, expressed as percentages of principal amount, on the following dates, together with 
accrued interest to the date of redemption and payment: 



Rate 


Year 


9.70% 


1997 


9.70% 


1998 


9.70% 


1999 


9.70% 


2000 


9.70% 


2001 


9.00% 


2002 


9.00% 


2003 


9.00% 


2004 


8.75% 


2005 


8.75% 


2006 


7.20% 


2007 


7.40% 


2008 


7.60% 





Amount 


Rate 


$ 1,450,000 


7.80% 


1,580,000 


7.90% 


1,720,000 


8.00% 


1,875,000 


8.00% 


2,045,000 


8.10% 


2,230,000 


8.10% 


2,430,000 


8.20% 


2,645,000 


8.25% 


2,885,000 


8.25% 


3,145,000 


8.25% 


3,430,000 


8.25% 


3,735,000 


7.50% 



-115 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$40,000,000 
SERIES A 1983 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



February 
February 
February 
February 
February 
February 
February 
February 
February 



1993 and August 1, 

1994 and August 1, 

1995 and August 1, 

1996 and August 1, 

1997 and August 1, 

1998 and August 1, 

1999 and August 1, 

2000 and August 1, 

2001 and thereafter 



1993 
1994 
1995 
1996 
1997 
1998 
1999 
2000 



1 02% 

101%% 

101 1 / 2 % 

101 1 /4% 

101% 
1 00%% 

1 00 1 /2% 
1 00 1 /4% 

1 00% 



In the event of any such redemption, the Board shall publish once in a financial journal 
published in the City of New York, New York, a notice of the intention of the Board to call and pay 
said bonds, said notice to be published not less than 30 days prior to the date of redemption. The 
Board will also give written notice of its intention to redeem and pay said bonds or any of them by 
United States registered mail addressed to the owner(s) of any registered bond(s), to the Paying 
Agent(s) and to the manager of the underwriting group purchasing the Series A 1983 State Building 
Bonds, said notice to be mailed not less than 30 days prior to the date fixed for redemption. 



On November 1, 1991, $32,835,000 of outstanding Series A 1983 Bonds were refunded with 
the issuance of Series A 1991 Refunding Bonds. This amount represented only the callable portions 
of the bonds, $1,965,000 of the bonds were not refunded and remain a liability of the Board. The 
proceeds of the refunding bonds were deposited in an escrow fund with Commerce Bank of 
Kansas City, N.A. The money in the escrow fund was used to pay the principal and interest of the 
callable portions of the Series A 1983 Bonds. With the deposit of these moneys in the escrow fund, 
the callable portions of the Series A 1983 Bonds were legally defeased. 



The Series A 1983 Bonds maturing on February 1, 1994 and thereafter were called for 
redemption on February 1, 1993 at 102%. 



Defeasance 



Call Date 



-116 - 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1 983 (FY94-2008 CALLABLES REUNDED BY SERIES A 1 991 REFUNDING) 

DATE ISSUED: 2/1/83 
AMOUNT ISSUED: $40,000,000 



FISCAL 


INTEREST 

1 1 M 1 I— I 1 1 i 


INTEREST 

1 1 N 1 l i 1 1 I 


PRINCIPAL 

1 1 III 1 Vw/ 1 1 / \ 1 


ANNUAL 


OUTSTANDING 


YEAR 


8/1 


2/1 


2/1 


DEBT SERVICE 

1 — / 1 1 J 1 l_ 1 l V 1 \J 1 


PRINCIPAL 

1 1 III « Vw/ I 1 I \ 1 


1983 










40 000 000 00 


1984 


1 640 580 00 


1 640 580 00 


470 000 00 


3 751 160 00 


39 530 000 00 


1985 


1 617 785 00 


1 617 785 00 


515 000 00 


3 750 570 00 


39 015 000 00 


1986 


1 592 807 50 


1 592 807 50 


560 000 00 


3 745 615 00 


38 455 000 00 

UU^UUjUUU.UU 


1987 


1 565 647 50 


1 565 647 50 


610 000 00 


3 741 295 00 


37 845 000 00 


1988 


1 536 062 50 


1 536 062 50 


665 000 00 


3 737 1 25 00 


37 180 000 00 


1989 


1 503 810 00 


1 503 810 00 


725 000 00 


3 732 620 00 


36 455 000 00 


1990 


1 471 185 00 


1 471 185 00 


790 000 00 


3 732 370 00 


35 665 000 00 


1991 


1 435 635 00 


1 435 635 00 


865 000 00 


3 736 270 00 


34 800 000 00 


1992 


1 396 710 00 


85 968 75 


940 000 00 

\J~\J J \J\J\J m \J\J 


2 422 678 75 


1 025 000 00 


1993 


44 843 75 


aa 843 75 


1 025 000 00 


1 114 687 50 

I.I 1 TjVJVj / .iJU 




1994 












1995 












1996 












1997 












1998 












1999 












2000 












2001 












2002 












2003 












2004 












2005 












2006 












2007 












2008 












2009 












2010 












2011 












2012 












2013 












2014 













TOTAL 13,805,066.25 12,494,325.00 7,165,000.00 33,464,391.25 



-117- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$35,000,000 
SERIES B 1983 



(Refunded) 



DATED ----- November 1 , 1 983 

SALE DATE - October 1 9, 1 983 

INTEREST PAYMENT DATES November 1 and May 1 commencing May 1 , 1 984 

PRINCIPAL PAYMENT DATE November 1 commencing November 1 , 1 984 

TRUE INTEREST COST - 8.81 3238% 

BOND COUNSEL Gaar & Bell 

FINANCIAL ADVISOR E. F. Hutton & Company, Inc. 

UNDERWRITER MANAGER Centerre Bank, N.A. 

PAYING AGENT Mercantile Trust Company, N.A. 



AUTHORIZATION 




— Article III, 


Section 37(d) 






Year 


Amount 


Rate 


Year 


Amount 


Rate 


1984 $ 


405,000 


1 0.30% 


1997 


$ 1,260,000 


8.20% 


1985 


440,000 


1 0.30% 


1998 


1,375,000 


8.40% 


1986 


480,000 


1 0.30% 


1999 


1,500,000 


8.60% 


1987 


525,000 


1 0.30% 


2000 


1,640,000 


8.70% 


1988 


575,000 


1 0.30% 


2001 


1,790,000 


8.75% 


1989 


625,000 


1 0.30% 


2002 


1,955,000 


8.75% 


1990 


685,000 


1 0.30% 


2003 


2,135,000 


8.75% 


1991 


745,000 


1 0.30% 


2004 


2,330,000 


8.80% 


1992 


815,000 


1 0.30% 


2005 


2,540,000 


8.80% 


1993 


890,000 


1 0.30% 


2006 


2,775,000 


8.80% 


1994 


970,000 


7.80% 


2007 


3,025,000 


8.80% 


1995 


1,060,000 


7.90% 


2008 


3,305,000 


8.80% 


1996 


1,155,000 


8.00% 








Redemption 













The Series B 1983 State Building Bonds maturing on November 1, 1994, and thereafter, may 
be called for redemption and payment prior to maturity at the option of the Board, as a whole or in 
part in inverse order of maturity (bonds of less than a full maturity to be selected by lot by the Bond 
Registrar in such equitable manner as it shall designate) on November 1, 1993, or on any interest 
payment date thereafter, at the following prices, expressed as percentages of principal amount, 
together with accrued interest to the date of redemption and payment: 



-118 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$35,000,000 
SERIES B 1983 



Redemption (continued) 









Redemption 


Redemption Dates 




Prices 


November 1 


1 993 and May 1 , 


1994 


1 02% 


November 1 


1 994 and May 1 , 


1995 


101%% 


November 1 


1 995 and May 1 , 


1996 


1 01 1 /2% 


November 1 


1 996 and May 1 , 


1997 


101 1 /4% 


November 1 


1 997 and May 1 , 


1998 


101% 


November 1 


1 998 and May 1 , 


1999 


1 00%% 


November 1 


1 999 and May 1 , 


2000 


1 00 1 / 2 % 


November 1 


2000 and May 1 , 


2001 


1 00 1 /4% 


November 1 


2001 and thereafter 


1 00% 



In the event of any such redemption, the Board shall give written notice of its intention to 
redeem and pay the bonds, such notice to be given by United States registered mail addressed to 
the registered owner of any bond being redeemed, to the Paying Agent and Registrar and to the 
manager of the underwriting group purchasing the Series B 1983 State Building Bonds, each of said 
notices to be mailed not less than 30 days prior to the date fixed for redemption. 

Defeasance 

On August 1, 1987, $33,675,000 of outstanding Series B 1983 Bonds were refunded with the 
issuance of Series A 1987 Refunding Bonds. The proceeds of the refunding bonds and other 
moneys contributed by the Board were deposited in an escrow fund with Mark Twain Bank, St. Louis. 
The money in the escrow fund was used to pay the principal and interest on the Series B 1983 
Bonds. With the deposit of these moneys in the escrow fund, the Series B 1983 Bonds were legally 
defeased. 

Call Date 

The Series B 1983 Bonds maturing on November 1, 1994, and thereafter were called for 
redemption on November 1, 1993, at 102%. 



-119 - 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: B 1983 (FY88-2009 REFUNDED BY SERIES A 1987 REFUNDING) 

DATE ISSUED: 11/1/83 
AMOUNT ISSUED: $35,000,000 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL OUTSTANDING 

YEAR 11/1 5/1 11/1 DEBT SERVICE PRINCIPAL 

1983 .... 

1984 - 1,561,827.50 - 1,561,827.50 35,000,000.00 

1985 1,561,827.50 1,540,970.00 405,000.00 3,507,797.50 34,595,000.00 

1986 1,540,970.00 1,518,310.00 440,000.00 3,499,280.00 34,155,000.00 

1987 1,518,310.00 1,493,590.00 480,000.00 3,491,900.00 33,675,000.00 



1988 
1989 
1990 
1991 
1992 
1993 
1994 
1995 
1996 
1997 
1998 
1999 
2000 
2001 
2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 



TOTAL 4,621,107.50 6,114,697.50 1,325,000.00 12.060.805.00 



- 120 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$50,000,000 
SERIES A 1984 



(Refunded) 



DATED May 1,1984 

SALE DATE - April 1 7, 1 984 

INTEREST PAYMENT DATES - November 1 and May 1 commencing November 1 , 1 984 

PRINCIPAL PAYMENT DATE May 1 commencing May 1 , 1 985 

TRUE INTEREST COST 9.281 03% 

BOND COUNSEL Gaar & Bell 

FINANCIAL ADVISOR E. F. Hutton & Company, Inc. 

UNDERWRITER MANAGER Morgan Guaranty Trust Company of New York 



PAYING AGENT 




— United Missouri Bank of Kansas City, N.A. 




AUTHORIZATION 




- Article III, 


Section 37(d) 






Year 


Amount 


Rate 


Year 


Amount 


Rate 


1985 $ 


570,000 


11.10% 


1998 


$ 1,795,000 


9.10% 


1986 


620,000 


11.10% 


1999 


1 ,965,000 


9.10% 


1987 


680,000 


11.10% 


2000 


2,145,000 


9.20% 


1988 


740,000 


11.10% 


2001 


2,345,000 


9.25% 


1989 


810,000 


11.10% 


2002 


2,560,000 


9.25% 


1990 


885,000 


11.10% 


2003 


2,795,000 


9.25% 


1991 


965,000 


11.10% 


2004 


3,055,000 


9.25% 


1992 


1,055,000 


10.80% 


2005 


3,340,000 


9.25% 


1993 


1,155,000 


8.60% 


2006 


3,645,000 


9.25% 


1994 


1,260,000 


8.60% 


2007 


3,985,000 


9.25% 


1995 


1,375,000 


8.60% 


2008 


4,350,000 


9.25% 


1996 


1,505,000 


8.75% 


2009 


4,755,000 


9.25% 


1997 


1 ,645,000 


9.00% 








Redemption 













The Bonds maturing on May 1, 1995, and thereafter, may be called for redemption and 
payment prior to maturity at the option of the Board, as a whole or in part, in inverse order of maturity 
(bonds of less than a full maturity to be selected by lot by the Bond Registrar in such equitable 
manner as it shall designate) on May 1, 1994, or on any interest payment date thereafter, at the 
following prices, expressed as percentages of principal amount, together with accrued interest to the 
date of redemption and payment: 



- 121 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$50,000,000 
SERIES A 1984 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



May 1 
May 1 
May 1 
May 1 
May 1 
May 1 
May 1 
May 1 
May 1 



1994 and November 1 

1995 and November 1 

1996 and November 1 

1997 and November 1 

1998 and November 1 

1999 and November 1 

2000 and November 1 

2001 and November 1 

2002 and thereafter 



1994 
1995 
1996 
1997 
1998 
1999 
2000 
2001 



1 02% 

101%% 

101 1 / 2 % 

101 1 /4% 

101% 
1 00%% 

1 00 1 /2% 
1 00 1 /4% 

1 00% 



In the event of any such redemption, the Board shall give written notice of its intention to 
redeem and pay the bonds, such notice to be given by United States registered mail addressed to 
the registered owner of any bond being redeemed, to the Paying Agent and Registrar and to the 
manager of the underwriting group purchasing the bonds, each of said notices to be mailed not less 
than 30 days prior to the date fixed for redemption. 



On August 1, 1987, $48,130,000 of outstanding Series A 1984 Bonds were refunded with the 
issuance of Series A 1987 Refunding Bonds. The proceeds of the refunding bonds and other 
moneys contributed by the Board were deposited in an escrow fund with Mark Twain Bank, St. Louis. 
The money in the escrow fund was used to pay the principal and interest on the Series A 1984 
Bonds. With the deposit of these moneys in the escrow fund, the Series A 1984 Bonds were legally 
defeased. 



The Series A 1984 Bonds maturing on May 1, 1995, and thereafter were called for redemption 
on May 1, 1994, at 102%. 



Defeasance 



Call Date 



- 122 - 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1984 (FY88-2009 REFUNDED BY SERIES A 1987 REFUNDING) 

DATE ISSUED: 5/1/84 
AMOUNT ISSUED: $50,000,000 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL OUTSTANDING 

YEAR 11/1 5/1 5/1 DEBT SERVICE PRINCIPAL 

1983 .... 

1984 - - - - 50,000,000.00 

1985 2,347,931.25 2,347,931.25 570,000.00 5,265,862.50 49,430,000.00 

1986 2,316,296.25 2,316,296.25 620,000.00 5,252,592.50 48,810,000.00 

1987 2,281,886.25 2,281,886.25 680,000.00 5,243,772.50 48,130,000.00 



1988 
1989 
1990 
1991 
1992 
1993 
1994 
1995 
1996 
1997 
1998 
1999 
2000 
2001 
2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 



TOTAL 6,946,113.75 6,946,113.75 1,870,000.00 15,762,227.50 



- 123 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$75,000,000 
SERIES A 1985 



(Refunded) 



DATED ----- March 1,1985 

SALE DATE - February 27, 1 985 

INTEREST PAYMENT DATES September 1 and March 1 commencing 

September 1 , 1 985 

PRINCIPAL PAYMENT DATE March 1 commencing March 1, 1986 

TRUE INTEREST COST 9.0963% 

BOND COUNSEL Gaar & Bell 

FINANCIAL ADVISOR A. G. Edwards & Sons, Inc. 

UNDERWRITER MANAGER Citicorp Investment Bank 

PAYING AGENT Commerce Bank of Kansas City, N.A. 

AUTHORIZATION - Article III, Section 37(d) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1986 


$ 650,000 


10.40% 


1999 


$ 2,725,000 


8.90% 


1987 


975,000 


10.40% 


2000 


2,975,000 


9.00% 


1988 


1,050,000 


10.40% 


2001 


3,225,000 


9.00% 


1989 


1,150,000 


10.40% 


2002 


3,525,000 


9.10% 


1990 


1,250,000 


1 0.40% 


2003 


3,850,000 


9.10% 


1991 


1,350,000 


1 0.40% 


2004 


4,200,000 


9.20% 


1992 


1,500,000 


8.75% 


2005 


4,550,000 


9.20% 


1993 


1,625,000 


7.90% 


2006 


4,975,000 


9.20% 


1994 


1,775,000 


8.10% 


2007 


5,425,000 


9.20% 


1995 


1,925,000 


8.30% 


2008 


5,925,000 


9.20% 


1996 


2,100,000 


8.50% 


2009 


6,450,000 


9.20% 


1997 


2,300,000 


8.70% 


2010 


7,025,000 


9.20% 


1998 


2,500,000 


8.80% 








Redemption 













The State Building Bonds maturing on March 1, 1996, and thereafter, may be called for 
redemption and payment prior to maturity at the option of the Board, as a whole or in part, in inverse 
order of maturity (bonds of less than a full maturity to be selected by lot by the Bond Registrar in 
such equitable manner as it shall designate) on March 1, 1995, or on any interest payment date 
thereafter, at the following prices, expressed as percentages of principal amount, together with 
accrued interest to the date of redemption and payment: 



- 124- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$75,000,000 
SERIES A 1985 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



March 1, 1995 and September 1 
March 1, 1996 and September 1 
March 1, 1997 and September 1 
March 1, 1998 and September 1 
March 1, 1999 and September 1 
March 1 , 2000 and September 1 
March 1, 2001 and September 1 
March 1 , 2002 and September 1 
March 1 , 2003 and thereafter 



1995 
1996 
1997 
1998 
1999 
2000 
2001 
2002 



1 02% 

101%% 

101 1 / 2 % 

101 1 /4% 

101% 
1 00%% 

1 00 1 /2% 
1 00 1 /4% 

1 00% 



In the event of any such redemption, the Board shall give written notice of its intention to 
redeem and pay the bonds, such notice to be given by United States registered mail addressed to 
the registered owner of any bond being redeemed, to the Paying Agent and the Bond Registrar and 
to the manager of the underwriting group purchasing the Series A 1985 Bonds, each of said notices 
to be mailed not less than 30 days prior to the date fixed for redemption. 



On August 1, 1987, $73,375,000 of outstanding Series A 1985 Bonds were refunded with the 
issuance of Series A 1987 Refunding Bonds. The proceeds of the refunding bonds and other 
moneys contributed by the Board were deposited in an escrow fund with Mark Twain Bank of St. 
Louis. The money in the escrow fund was used to pay the principal and interest on the Series A 
1985 Bonds. With the deposit of these moneys in the escrow fund, the Series A 1985 Bonds were 
legally defeased. 



The Series A 1985 Bonds maturing on March 1, 1996 and thereafter were called for redemption 
on March 1, 1995 at 102%. 



Defeasance 



Call Date 



- 125 - 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1985 (FY88-2010 REFUNDED BY SERIES A 1987 REFUNDING) 

DATE ISSUED: 3/1/85 
AMOUNT ISSUED: $75,000,000 



FISCAL INTEREST INTEREST PRINCIPAL ANNUAL OUTSTANDING 

YEAR 9/1 3/1 3/1 DEBT SERVICE PRINCIPAL 



1983 .... 

1984 .... 

1985 - - - - 75,000,000.00 

1986 3,424,112.50 3,424,112.50 650,000.00 7,498,225.00 74,350,000.00 

1987 3,390,312.50 3,390,312.50 975,000.00 7,755,625.00 73,375,000.00 

1988 .... 

1989 .... 

1990 .... 

1991 .... 

1992 .... 

1993 .... 

1994 .... 
1995 

1996 
1997 

1998 .... 

1999 .... 

2000 .... 

2001 .... 

2002 .... 

2003 .... 

2004 .... 

2005 .... 

2006 .... 

2007 .... 

2008 .... 

2009 .... 

2010 .... 
2011 

2012 .... 

2013 .... 

2014 .... 



TOTAL 6,814,425.00 6,814,425.00 1,625,000.00 15,253,850.00 



- 126 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$325,000,000 
SERIES A 1986 



(Partially Refunded) 



DATED July 15, 1986 

SALE DATE June 18, 1986 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1 987 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1 987 

TRUE INTEREST COST 7.36587% 

BOND COUNSEL Gaar & Bell 

FINANCIAL ADVISOR E. F. Hutton & Company, Inc. 

UNDERWRITER MANAGER Morgan Guaranty Trust Company of New York 

PAYING AGENT Boatmen's National Bank of St. Louis 

AUTHORIZATION Article III, Section 37(d) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1987 


$ 5,200,000 


9.25% 


1999 


$ 12,415,000 


7.30% 


1988 


5,590,000 


9.25% 


2000 


13,350,000 


7.30% 


1989 


6,010,000 


9.25% 


2001 


14,355,000 


7.40% 


1990 


6,465,000 


9.25% 


2002 


15,435,000 


7.40% 


1991 


6,950,000 


9.25% 


2003 


16,595,000 


7.40% 


1992 


7,475,000 


9.25% 


2004 


17,845,000 


7.40% 


1993 


8,035,000 


9.25% 


2005 


19,185,000 


7.05% 


1994 


8,640,000 


9.25% 


2006 


20,630,000 


6.75% 


1995 


9,290,000 


9.25% 


2007 


22,185,000 


7.50% 


1996 


9,990,000 


7.20% 


2008 


23,850,000 


7.00% 


1997 


10,740,000 


7.10% 


2009 


25,645,000 


7.00% 


1998 


11,550,000 


7.20% 


2010 


27,575,000 


7.00% 


Redemption 













The State Building Bonds maturing on August 1, 1997, and thereafter, may be called for 
redemption and payment prior to maturity at the option of the Board, as a whole or in part, in inverse 
order of maturity (bonds of less than a full maturity to be selected by lot by the Bond Registrar in such 
equitable manner as it shall designate) on August 1 , 1996, or on any interest payment date thereafter, 
at the following prices, expressed as percentages of principal amount, together with accrued interest to 
the date of redemption and payment: 



- 127- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$325,000,000 
SERIES A 1986 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



August 
August 
August 
August 
August 
August 
August 
August 
August 



1, 
1, 
1, 
1, 
1, 



1, 
1, 
1, 



1 996 and February 1 , 1 997 

1997 and February 1, 1998 

1998 and February 1, 1999 

1999 and February 1, 2000 

2000 and February 1 , 2001 

2001 and February 1 , 2002 

2002 and February 1 , 2003 

2003 and February 1 , 2004 

2004 and thereafter 



102% 

101 3 /4% 

101 1 /2% 

101 1 /4% 

101% 

100 3 /4% 
100 1 /2% 
100 1 /4% 

100% 



In the event of any such redemption, the Board shall give written notice of its intention to redeem 
and pay the bonds, such notice to be given by United States registered mail addressed to the 
registered owner of any bond being redeemed, to the State Auditor of Missouri and to the manager of 
the underwriting group purchasing the Series A 1986 Bonds, each of said notices to be mailed not less 
than 30 days prior to the date fixed for redemption. 



On August 15, 1992, $251,355,000 of outstanding Series A 1986 Bonds were refunded with the 
issuance of Series A 1992 Refunding Bonds. This amount represented only the callable portions of the 
bonds, $35,955,000 of the bonds were not refunded and remain a liability of the Board. The proceeds 
of the refunding bonds were deposited in an escrow fund with Boatmen's Trust Company, St. Louis. 
The money in the escrow fund was used to pay the principal and interest of the callable portions of the 
Series A 1 986 Bonds. With the deposit of these moneys in the escrow fund, the callable portions of the 
Series A 1986 Bonds were legally defeased. 



The Series A 1986 Bonds maturing on August 1 , 1997, and thereafter were called for redemption 
on August 1 , 1 996, at 1 02%. 



Defeasance 



Call Date 



- 128- 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1986 (FY98-2011 CALLABLES REFUNDED BY SERIES A 1992 REFUNDING) 

DATE OF ISSUE: 7/15/86 
AMOUNT OF ISSUE: $325,000,000 



FISCAL 


INTEREST 

1 1 N 1 1 1 1 1 Vw/ 1 


INTEREST 


PRINCIPAL 

1 1 III 1 Vw/ 1 1 1 \ 1 


ANNUAL 


OUTSTANDING 

Vw/ Vw/ 1 Vw/ 1 1 \ 1 N Iw/ 1 1 V Vw^ 


YEAR 


8/1 


2/1 


8/1 


DEBT SERVICE 

i — / i i—} i v»j i_ i i v i Vw/ 1 


PRINCIPAL 

1 1 l 1 1 N Vw/ I I / \ 1 


1983 












1984 












1985 












1986 












1987 




13,414,683.72 




13,414,683.72 


325,000,000.00 


1988 


12,319,607.50 


12,079,107.50 


5,200,000.00 


29,598,715.00 


319,800,000.00 


1989 


12,079,107.50 


11,820,570.00 


5,590,000.00 


29,489,677.50 


314,210,000.00 


1990 


11,820,570.00 


11,542,607.50 


6,010,000.00 


29,373,177.50 


308,200,000.00 


1991 


11,542,607.50 


11,243,601.25 


6,465,000.00 


29,251,208.75 


301,735,000.00 


1992 


11,243,601.25 


10,922,163.75 


6,950,000.00 


29,115,765.00 


294,785,000.00 


1993 


10,922,163.75 


1,560,521.25 


7,475,000.00 


19,957,685.00 


35,955,000.00 


1994 


1,560,521.25 


1,188,902.50 


8,035,000.00 


10,784,423.75 


27,920,000.00 


1995 


1,188,902.50 


789,302.50 


8,640,000.00 


10,618,205.00 


19,280,000.00 


1996 


789,302.50 


359,640.00 


9,290,000.00 


10,438,942.50 


9,990,000.00 


1997 


359,640.00 




9,990,000.00 


10,349,640.00 





1998 
1999 
2000 
2001 
2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 



TOTAL 



73,826,023.75 



74,921,099.97 



73,645,000.00 



222,392,123.72 



- 129 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$170,115,000 
SERIES A 1987 REFUNDING 



(Partially Refunded) 



DATED August 1,1987 

SALE DATE July 17, 1987 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1 988 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1 988 

TRUE INTEREST COST 6.8970% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR Stifel, Nicolaus & Company, Inc. 

UNDERWRITER MANAGER Citicorp Investment Bank 

PAYING AGENT United Missouri Bank of Kansas City, N.A. 

ESCROW AGENT Mark Twain Bank 

ESCROW VERIFICATION AGENT Laventol & Horwath, CPAs, Philadelphia, PA 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1988 


$ 4,100,000 


7.75% 


1999 


$ 8,505,000 


6.600% 


1989 


4,380,000 


7.75% 


2000 


9,055,000 


6.700% 


1990 


4,710,000 


7.75% 


2001 


7,955,000 


6.800% 


1991 


5,040,000 


7.75% 


2002 


8,515,000 


6.900% 


1992 


5,340,000 


7.75% 


2003 


9,125,000 


7.000% 


1993 


5,715,000 


7.75% 


2004 


9,755,000 


7.000% 


1994 


6,115,000 


5.75% 


2005 


10,455,000 


7.125% 


1995 


6,535,000 


5.90% 


2006 


11,235,000 


7.200% 


1996 


6,990,000 


6.10% 


2007 


12,065,000 


7.200% 


1997 


7,465,000 


6.30% 


2008 


12,950,000 


7.200% 


1998 


7,960,000 


6.50% 


2009 


6,150,000 


6.500% 


Redemption 













The State Building Bonds or portions of such bonds, maturing on August 1, 1998, and thereafter, 
may be called for redemption and payment prior to maturity at the option of the Board, as a whole or in 
part in inverse order of maturity (bonds of less than a full maturity to be selected by the Bond Registrar 
by lot or in such equitable manner as it shall designate) on August 1 , 1997, or on any interest payment 
date thereafter, at the following prices, expressed as percentages of principal amount, together with 
accrued interest to the date of redemption and payment: 



-130- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$170,115,000 
SERIES A 1987 REFUNDING 



Redemption (continued) 

Redemption 



Redemption Dates Prices 



August 1 , 1 997 and February 1 , 1 998 1 02% 

August 1 , 1 998 and February 1 , 1 999 101 1 / 2 % 

August 1 , 1 999 and February 1 , 2000 1 01 % 

August 1 , 2000 and February 1 , 2001 1 00 1 /2% 

August 1 , 2001 and thereafter 1 00% 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds. Such notice shall be given 
by United States registered or certified mail not less than 30 days prior to the date fixed for redemption, 
addressed to the registered owner of any bond being redeemed, to the State Auditor of Missouri, and to 
the manager of the underwriting group purchasing the bonds. 

Note 

The Series A 1987 Refunding Bonds were issued to refund the following bonds: 

Series Outstanding Principal and Amount Refunded 

B 1983 $33,675,000 
A 1984 48,130,000 
A 1 985 73,375,000 

$155,180,000 



The additional principal amount of the Series A 1987 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Third State Building Bonds. 

Defeasance 

On August 1, 1993, $113,725,000 of outstanding Series A 1987 Refunding Bonds were refunded 
with the issuance of Series A 1993 Refunding Bonds. This amount represented only the callable 
portions of the bonds, $32,820,000 of the bonds were not refunded and remain a liability of the Board. 
The proceeds of the refunding bonds were deposited in an escrow fund with Boatmen's Trust 
Company, St. Louis. The money in the escrow fund was used to pay the principal and interest of the 
callable portions of the Series A 1987 Refunding Bonds. With the deposit of these moneys in the 
escrow fund, the callable portions of the Series A 1987 Refunding Bonds were legally defeased. 

Call Date 

The Series A 1987 Refunding Bonds maturing on August 1, 1998, and thereafter were called for 
redemption on August 1, 1997, at 102%. 



- 131 - 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1987 REFUNDING (FY99-2010 CALLABLES REFUNDED BY SERIES A 1993 REFUNDING) 
DATE OF ISSUE: 8/1/87 

AMOUNT OF ISSUE: $1 70,1 1 5,000 (REFUNDING EXCESS $1 4,935,000) 



FISCAL 


INTEREST 


INTEREST 

1 1 N I l i 1 1 I 


PRINCIPAL 

1 1 III 1 Vw/ I 1 1 \ 1 


ANNUAL 

1 VI ^11 YUf \ 1 


OUTSTANDING 

Vw-* Vw^ 1 \J 1 I \ 1 N 1 / 1 1 N Vw^ 


YEAR 


8/1 


2/1 


8/1 


DEBT SERVICE 

IS 1 l—/ 1 K-t 1— 1 I V 1 N— <* 1 


PRINCIPAL 

1 1 III « Vw/ I 1 I \ 1 


1983 












1984 












1985 












1986 












1987 












1988 




5,896,814.83 




5,896,814.83 


170,115,000.00 


1989 


5,896,814.83 


5,737,939.83 


4,100,000.00 


15,734,754.66 


166,015,000.00 


1990 


5,737,939.83 


5,568,214.83 


4,380,000.00 


15,686,154.66 


161,635,000.00 


1991 


5,568,214.83 


5,385,702.33 


4,710,000.00 


15,663,917.16 


156,925,000.00 


1992 


5,385,702.33 


5,190,402.33 


5,040,000.00 


15,616,104.66 


151,885,000.00 


1993 


5,190,402.33 


4,983,477.33 


5,340,000.00 


15,513,879.66 


146,545,000.00 


1994 


4,983,477.33 


816,931.25 


5,715,000.00 


11,515,408.58 


27,105,000.00 


1995 


816,931.25 


641,125.00 


6,115,000.00 


7,573,056.25 


20,990,000.00 


1996 


641,125.00 


448,342.50 


6,535,000.00 


7,624,467.50 


14,455,000.00 


1997 


448,342.50 


235,147.50 


6,990,000.00 


7,673,490.00 


7,465,000.00 


1998 


235,147.50 




7,465,000.00 


7,700,147.50 





1999 
2000 
2001 
2002 
2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 



TOTAL 



34,904,097.73 



34,904,097.73 



56,390,000.00 



126,198.195.46 



- 132 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$75,000,000 
SERIES B 1987 



(Partially Refunded) 



DATED December 1, 1987 

SALE DATE November 1 7, 1 987 

INTEREST PAYMENT DATES June 1 and December 1 commencing June 1 , 1 988 

PRINCIPAL PAYMENT DATE December 1 commencing December 1 , 1 988 

TRUE INTEREST COST 7.5038% 

BOND COUNSEL Stinson, Mag & Fizzell 

FINANCIAL ADVISOR A.G. Edwards & Sons, Inc. 

UNDERWRITER MANAGER Chase Manhattan Capital Markets Corporation 

PAYING AGENT Mark Twain Bank, St. Louis, MO 

AUTHORIZATION Article III, Section 37(d) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1988 


$ 1,015,000 


9.00% 


2001 


$ 2,755,000 


7.00% 


1989 


1,100,000 


9.00% 


2002 


2,975,000 


7.10% 


1990 


1,195,000 


9.00% 


2003 


3,215,000 


7.30% 


1991 


1,300,000 


9.00% 


2004 


3,475,000 


7.40% 


1992 


1,410,000 


9.00% 


2005 


3,760,000 


7.40% 


1993 


1,535,000 


9.00% 


2006 


4,070,000 


7.50% 


1994 


1,665,000 


9.00% 


2007 


4,405,000 


7.50% 


1995 


1,790,000 


7.20% 


2008 


4,775,000 


7.60% 


1996 


1,920,000 


6.50% 


2009 


5,175,000 


7.70% 


1997 


2,055,000 


6.60% 


2010 


5,610,000 


7.70% 


1998 


2,205,000 


6.70% 


2011 


6,080,000 


7.70% 


1999 


2,370,000 


6.80% 


2012 


6,590,000 


7.70% 


2000 


2,555,000 


6.90% 








Redemption 













The Bonds maturing on December 1, 1995, and thereafter, may be called for redemption and 
payment prior to maturity at the option of the Board, as a whole or in part (bonds of less than a full 
maturity to be selected by the Bond Registrar by lot or in such equitable manner as it shall designate), 
on December 1 , 1994, or on any interest payment date thereafter, at the following prices, expressed as 
percentages of principal amount, together with accrued interest to the date of redemption and payment: 



-133- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$75,000,000 
SERIES B 1987 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



December 1 , 1 994 and June 1 , 1 995 
December 1 , 1 995 and June 1 , 1 996 
December 1 , 1 996 and June 1 , 1 997 
December 1 , 1997 and thereafter 



103% 
102% 
101% 
100% 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds. Such notice to be given 
by United States registered or certified mail not less than 30 days prior to the date fixed for redemption, 
addressed to the registered owner of any bond being redeemed, to the State Auditor of Missouri, and to 
the manager of the underwriting group purchasing the bonds. 



On November 1, 1991, $65,780,000 of outstanding Series B 1987 Bonds were refunded with the 
issuance of Series B 1 991 Refunding Bonds. This amount represented only the callable portions of the 
bonds, $5,91 0,000 of the bonds were not refunded and remain a liability of the Board. The proceeds of 
the Refunding Bonds were deposited in an escrow fund with Commerce Bank of Kansas City, N.A. 
The money in the escrow fund was used to pay the principal and interest of the callable portions of the 
Series B 1 987 Bonds. With the deposit of these moneys in the escrow fund, the callable portions of the 
Series B 1987 Bonds were legally defeased. 



The Series B 1987 Bonds maturing on December 1, 1995, and thereafter were called for 
redemption on December 1, 1994, at 103%. 



Defeasance 



Call Date 



- 134- 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: B 1987 (FY96-2013 CALLABLES REFUNDED BY SERIES B 1991 REFUNDING) 

DATE OF ISSUE: 12/1/87 
AMOUNT OF ISSUE: $75,000,000 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 l i 1 1 I 


PRINCIPAL 

1 1 III 1 Vw/ I 1 1 \ 1 


ANNUAL 

/ VI ^11 YUf \ 1 


OUTSTANDING 

Vw-* Vw^ 1 \J 1 I \ 1 N 1 / 1 1 N Vw^ 


YEAR 


12/1 


6/1 


12/1 


DEBT SERVICE 

1 / 1 1 * 1 ^w' l_ | I V 1 \w/ 1 


PRINCIPAL 

1 1 III « Vw/ 1 1 / \ 1 


1983 












1984 












1985 












1986 












1987 












1988 




2 841 510 00 




2 841 510 00 


75 000 000 00 


1989 


2 841 510 00 


2 795 835 00 


1 015 000 00 


6 652 345 00 


73 985 000 00 


1990 


2 795 835 00 


2 746 335 00 


1 1 00 000 00 


6 642 1 70 00 


72 885 000 00 


1991 


2 746 335 00 


2 692 560 00 


1 1 95 000 00 


6 633 895 00 


71 690 000 00 


1992 


265 950 00 


207 450 00 


1 300 000 00 


1 773 400 00 


4 610 000 00 


1993 


207 450 00 


1 44 000 00 


1 410 000 00 


1 761 450 00 


3 200 000 00 


1994 


144 000 00 


74 925 00 


1 535 000 00 


1 753 925 00 


1 665 000 00 


1995 


74 925 00 




1 665 000 00 


1 739 925 00 




1996 












1997 












1998 












1999 












2000 












2001 












2002 












2003 












2004 












2005 


- 


- 


- 


- 


- 


2006 












2007 












2008 












2009 












2010 












2011 












2012 












2013 












2014 












TOTAL 


9,076,005.00 


11,502,615.00 


9,220,000.00 


29,798,620.00 





- 135 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$34,870,000 (Partially Refunded) 

SERIES A 1991 REFUNDING 



DATED ----- November 1 , 1 991 

SALE DATE - October 23, 1 991 

INTEREST PAYMENT DATES May 1 and November 1 commencing May 1 , 1 992 

PRINCIPAL PAYMENT DATE November 1 commencing November 1 , 1 992 

TRUE INTEREST COST 6.110755% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR Boatmen's National Bank of St. Louis 

UNDERWRITER MANAGER Goldman, Sachs and Co. 

PAYING AGENT The Chase Manhattan Bank, New York, NY 

ESCROW AGENT Commerce Bank of Kansas City 

ESCROW VERIFICATION AGENT Causey Demgen and Moore, Denver, CO 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1992 


$ 165,000 


7.75% 


2003 


$ 2,090,000 


5.80% 


1993 


555,000 


7.75% 


2004 


2,240,000 


6.00% 


1994 


605,000 


7.75% 


2005 


2,385,000 


6.10% 


1995 


1,235,000 


7.75% 


2006 


2,550,000 


6.20% 


1996 


1,315,000 


7.75% 


2007 


2,725,000 


6.25% 


1997 


1,415,000 


6.50% 


2008 


1,560,000 


6.25% 


1998 


1,505,000 


5.25% 


2009 


1,670,000 


6.25% 


1999 


1,595,000 


5.30% 


2010 


1,785,000 


6.30% 


2000 


1,715,000 


5.40% 


2011 


1,915,000 


6.30% 


2001 


1,830,000 


5.50% 


2012 


2,060,000 


6.30% 


2002 


1,955,000 


5.70% 









Redemption 

At the option of the Board, bonds maturing on November 1 , 2002 and thereafter may be called 
for redemption and payment prior to maturity, on November 1, 2001 and thereafter, in whole at any 
time or in part on any interest payment date, in inverse order of maturity (bonds of less than a full 
maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall designate), at 
a redemption price equal to 100% of the principal amount thereof, together with accrued interest 
thereon to the redemption date, without premium. 



- 136 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$34,870,000 
SERIES A 1991 REFUNDING 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Note 

The Series A 1991 Refunding Bonds were issued to refund the callable portions of the following 
bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

A 1983 $34,800,000 $32,835,000 1994-2008 

The additional principal amount of the Series A 1991 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Third State Building Bonds. 

Defeasance 

On August 1, 1993, $22,935,000 of outstanding Series A 1991 Refunding Bonds were refunded 
with the issuance of Series A 1993 Refunding Bonds. This amount represented only the callable 
portions of the Bonds, $1 1 ,770,000 of the bonds were not refunded and remain a liability of the Board. 
The proceeds of the refunding bonds were deposited in an escrow fund with Boatmen's Trust 
Company, St. Louis. The money in the escrow fund was used to pay the principal and interest of the 
callable portions of the Series A 1991 Refunding Bonds. With the deposit of these moneys in the 
escrow fund, the callable portions of the Series A 1991 Refunding Bonds were legally defeased. 

Call Date 

The Series A 1991 Refunding Bonds maturing on November 1, 2002, and thereafter were called 
for redemption on November 1 , 2001 , at 1 00%. 



- 137- 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1991 REFUNDING (FY2003-13 CALLABLES REFUNDED BY SERIES A 1993 RFDG) 
DATE OF ISSUE: 11/1/91 (REFUNDED A 1983 CALLABLES) 

AMOUNT OF ISSUE: $34,870,000 (REFUNDING EXCESS $2,035,000) 



FISCAL 


INTEREST 


INTEREST 

1 1 N 1 l i 1 1 i 


PRINCIPAL 


ANNUAL 


OUTSTANDING 


YEAR 


1 1/1 


5/1 


1 1/1 


DEBT SERVICE 

1 — / 1 1 l \ \-J 1— 1 l V 1 \-J \ 


PRINCIPAL 


1983 












1984 












1985 












1986 












1987 












1988 












1989 












1990 












1991 












1992 




1 077 401 25 




1 077 401 25 


34 870 000 00 


1993 


1 077 401 25 


1 071 007 50 


165 000 00 


2 313 408 75 


34 705 000 00 


1994 


368 153 75 


346 647 50 


555 000 00 


1 269 801 25 


1 1 215 000 00 


1995 


346 647 50 


323 203 75 


605 000 00 


1 274 851 25 


10 610 000 00 


1996 


323 203 75 


275 347 50 


1 235 000 00 


1 833 551 25 


9 375 000 00 


1997 


275 347 50 


224 391 25 


1 315 000 00 


1 814 738 75 


8 060 000 00 


1998 


224 391 25 


1 78 403 75 


1 415 000 00 


1 817 795 00 


6 645 000 00 


1999 


1 78 403 75 


138 897 50 

1 \J\J)\J\JI .\J\J 


1 505 000 00 


1 822 301 25 


5 140 000 00 


2000 


1 38 897 50 


96 630 00 


1 595 000 00 


1 830 527 50 


3 545 000 00 


2001 


96 630 00 


50 325 00 


1 715 000 00 


1 861 955 00 


1 830 000 00 


2002 


50 325 00 




1 830 000 00 


1 880 325 00 




2003 












2004 












2005 


- 


- 


- 


- 


- 


2006 












2007 












2008 












2009 












2010 












2011 












2012 












2013 












2014 












TOTAL 


3,079,401.25 


3,782,255.00 


11,935,000.00 


18,796,656.25 





- 138 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$71,955,000 (Refunded) 
SERIES B 1991 REFUNDING 



DATED ----- November 1 , 1 991 

SALE DATE - October 23, 1 991 

INTEREST PAYMENT DATES May 1 and November 1 commencing May 1 , 1 992 

PRINCIPAL PAYMENT DATE November 1 commencing November 1 , 1 992 

TRUE INTEREST COST 6.110755% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR Boatmen's National Bank of St. Louis 

UNDERWRITER MANAGER Goldman, Sachs and Co. 

PAYING AGENT The Chase Manhattan Bank, New York, NY 

ESCROW AGENT Commerce Bank of Kansas City 

ESCROW VERIFICATION AGENT Causey Demgen and Moore, Denver, CO 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1992 


$ 340,000 


7.75% 


2003 


$ 4,310,000 


5.80% 


1993 


1,140,000 


7.75% 


2004 


4,625,000 


6.00% 


1994 


1,245,000 


7.75% 


2005 


4,915,000 


6.10% 


1995 


2,555,000 


7.75% 


2006 


5,270,000 


6.20% 


1996 


2,725,000 


7.75% 


2007 


5,625,000 


6.25% 


1997 


2,920,000 


6.50% 


2008 


3,215,000 


6.25% 


1998 


3,105,000 


5.25% 


2009 


3,450,000 


6.25% 


1999 


3,290,000 


5.30% 


2010 


3,685,000 


6.30% 


2000 


3,540,000 


5.40% 


2011 


3,945,000 


6.30% 


2001 


3,775,000 


5.50% 


2012 


4,245,000 


6.30% 


2002 


4,035,000 


5.70% 









Redemption 

At the option of the Board, bonds maturing on November 1 , 2002 and thereafter may be called 
for redemption and payment prior to maturity, on November 1, 2001 and thereafter, in whole at any 
time or in part on any interest payment date, in inverse order of maturity (bonds of less than a full 
maturity to be selected by lot by the Bond Registrar in such equitable manner as it shall designate), at 
a redemption price equal to 100% of the principal amount thereof, together with accrued interest 
thereon to the redemption date, without premium. 



- 139 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$71,955,000 (Refunded) 
SERIES B 1991 REFUNDING 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Note 

The Series B 1991 Refunding Bonds were issued to refund the callable portions of the following 
bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

B 1987 $71,690,000 $65,780,000 1995-2012 

The additional principal amount of the Series B 1991 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Third State Building Bonds. 

Defeasance 

On October 15, 2002, $47,320,000 of outstanding Series B 1991 Refunding Bonds were 
refunded with the issuance of Series A 2002 Refunding Bonds. The proceeds of the refunding bonds 
were deposited in an escrow fund with First Bank of Missouri. The money in the escrow fund was 
used to pay the principal and interest on the Series B 1991 Refunding Bonds. With the deposit of 
these moneys in the escrow fund, the Series B 1991 Refunding Bonds were legally defeased. 

Call Date 

The Series B 1991 Refunding Bonds maturing on November 1, 2002 and thereafter were called 
for redemption on October 15, 2002. 



- 140 - 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
SERIES: B 1991 REFUNDING 
DATE OF ISSUE: 11/1/91 
AMOUNT OF ISSUE: $71,955,000 



FISCAL 
YEAR 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 



2003 
2004 
2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 



INTEREST 
11/1 



INTEREST 

5/1 



(Refunded B1987) 

Refunding Excess: $6,175,000 

(FY 03-FY13 refu n ded with Series A 20 02)* 

PRINCIPAL ANNUAL OUTSTANDING 

11/1 DEBT SERVICE PRINCIPAL 



1992 






2,223,317.50 






2,223,317 


.50 


71,955,000.00 


1993 


2,223,317. 


50 


2,210,142.50 


340,000. 


00 


4,773,460 


.00 


71,615,000.00 


1994 


2,210,142 


.50 


2,165,967.50 


1,140,000. 


.00 


5,516,1 10 


.00 


70,475,000.00 


1995 


2,165,967 


.50 


2,117,723.75 


1,245,000. 


.00 


5,528,691 


.25 


69,230,000.00 


1996 


2,117,723. 


.75 


2,018,717.50 


2,555,000. 


,00 


6,691,441 


.25 


66,675,000.00 


1997 


2,018,717. 


,50 


1,913,123.75 


2,725,000. 


00 


6,656,841 


.25 


63,950,000.00 


1998 


1,913,123. 


75 


1,818,223.75 


2,920,000. 


00 


6,651,347 


.50 


61,030,000.00 


1999 


1,818,223. 


.75 


1,736,717.50 


3,105,000. 


,00 


6,659,941 


.25 


57,925,000.00 


2000 


1,736,717. 


50 


1,649,532.50 


3,290,000, 


00 


6,676,250 


.00 


54,635,000.00 


2001 


1,649,532. 


50 


1,553,952.50 


3,540,000 


00 


6,743,485 


.00 


51,095,000.00 


2002 


1,553,952. 


50 


1,450,140.00 


3,775,000. 


00 


6,779,092 


50 


47,320,000.00 



TOTAL 



19,407,418.75 



20.857.558.75 24,635,000.00 



64,899,977.50 



Amount Refunded: $47,320,000 



- 141 - 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$273,205,000 
SERIES A 1992 REFUNDING 



(Refunded) 



DATED August 15, 1992 

SALE DATE July 29, 1992 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1 993 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1 993 

TRUE INTEREST COST 5.332850% 

BOND COUNSEL Gilmore & Bell 

FINANCIAL ADVISOR Boatmen's National Bank of St. Louis 

UNDERWRITER MANAGER First Chicago Capital Markets, Inc. 

PAYING AGENT Bank of New York (acquired the trust division of Mercantile 

Bank, 3/98, who merged with original Paying Agent, Mark 
Twain Bank, 6/97) 

ESCROW AGENT Boatmen's Trust Company 

ESCROW VERIFICATION AGENT GrantThornton, Minneapolis, MN 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1993 


$ 300,000 


7.50% 


2002 


$ 17,800,000 


5.000% 


1994 


405,000 


7.50% 


2003 


18,475,000 


5.000% 


1995 


500,000 


7.50% 


2004 


19,745,000 


5.100% 


1996 


600,000 


7.50% 


2005 


20,650,000 


5.250% 


1997 


10,500,000 


7.50% 


2006 


21,900,000 


5.250% 


1998 


14,000,000 


7.50% 


2007 


23,145,000 


5.250% 


1999 


15,310,000 


7.50% 


2008 


24,300,000 


5.250% 


2000 


15,795,000 


5.00% 


2009 


25,750,000 


5.125% 


2001 


16,825,000 


5.00% 


2010 


27,205,000 


5.000% 



Redemption 

At the option of the Board, bonds maturing on August 1 , 2003 and thereafter may be called for 
redemption and payment prior to maturity, on August 1 , 2002 and thereafter, in whole at any time or in 
part on any interest payment date, in inverse order of maturity (bonds of less than a full maturity to be 
selected by lot by the Bond Registrar in such equitable manner as it shall designate), at a redemption 
price equal to 100% of the principal amount thereof, together with accrued interest thereon to the 
redemption date, without premium. 



- 142- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$273,205,000 (Refunded) 
SERIES A 1992 REFUNDING 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Note 

The Series A 1992 Refunding Bonds were issued to refund the callable portions of the following 
bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

A 1986 $287,310,000 $251,355,000 1997-2010 

The additional principal amount of the Series A 1992 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Third State Building Bonds. 

Defeasance 

On October 15, 2002, $181,170,000 of outstanding Series A 1992 Refunding Bonds were 
refunded with the issuance of Series A 2002 Refunding Bonds. The proceeds of the refunding bonds 
were deposited in an escrow fund with First Bank of Missouri. The money in the escrow fund was to be 
used to pay the principal and interest on the Series A 1 992 Refunding Bonds. With the deposit of these 
moneys in the escrow fund, the Series A 1992 Refunding Bonds were legally defeased. 

Call Date 

The Series A 1992 Refunding Bonds maturing on August 1, 2003 and thereafter were called for 
redemption on October 15, 2002. 



- 143 - 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 

SERIES: A 1992 REFUNDING (Refunded A1986) 

DATE OF ISSUE: 8/15/92 

AMOUNT OF ISSUE: $273,205,000 Refunding Excess: $21 ,850,000 



(FY 04-FY1 1 refunded with Series A 2002) * 



FISCAL 


INTEREST 


INTEREST 


PRINCIPAL 

1 1 III 1 Vw/ I 1 1 \ 1 


ANNUAL 

1 VI ^11 lUf V I— 


OUTSTANDING 

\— / 1 Vw7 1 / \ 1 >l 1 / 1 1 M 


YEAR 


8/1 


2/1 


8/1 


DEBT ccrvicE 

1 ' 1 1 ' 1 w 1 1 1 v 1 V_/ 1 


PRINCIPAL 

1 1 111 N w II 1 \ 1 


1983 












1984 












1985 












1986 












1987 












1988 












1989 












1990 












1991 












1992 












1993 




6 906 312 42 




6 906 312 42 


273 205 000 00 


1994 


7 488 772 50 


7 477 522 50 


300 000 00 


1 5 266 295 00 


272 905 000 00 


1995 


7 477 522 50 


7 462 335 00 


405 000 00 


1 5 344 857 50 


272 500 000 00 


1996 


7 462 335 00 


7 AATK RRR 00 


500 000 00 


15 405 920 00 


272 000 000 00 


1997 


7 443 585 00 


7 421 085 00 


600 000 00 


15 464 670 00 


271 400 000 00 


1998 


7 421 085 00 


7 027 335 00 


1 500 000 00 


24 948 420 00 


260 900 000 00 

C\J\J } \J\J\J )\J\J\J .\J\J 


1999 


7 027 335 00 


6 502 335 00 


1 4 000 000 00 


27 529 670 00 


246 900 000 00 


2000 


6 502 335 00 


5 928 210 00 

J, Jl.U,l. 1 u.UU 


15 310 000 00 


27 740 545 00 


231 590 000 00 


2001 


5 928 210 00 


5 533 335 00 


1 5 795 000 00 


27 256 545 00 


215 795 000 00 


2002 


5 533 335 00 


5 1 12 710 00 


16 825 000 00 


27 471 045 00 


1 98 970 000 00 


2003 


5 1 12 710 00 

xj , 1 1 t— j / 1 W . \J\J 




1 7 800 000 00 


22 912 710 00 




2004 












2005 












2006 












2007 












2008 












2009 












2010 












201 1 












2012 












2013 












2014 












2015 












2016 












2017 












2018 












2019 












2020 


- 


- 


- 


- 


- 


2021 












2022 


- 


- 


- 


- 


- 


2023 












2024 












2025 












2026 












2027 












2028 












TOTAL 


67,397,225.00 


66,814,764.92 


92.035,000.00 


226,246,989.92 




* 


Amount Refunded: 


$181,170,000 









- 144- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 
$148,480,000 
SERIES A 1993 REFUNDING 



(Refunded) 



DATED August 1,1993 

SALE DATE July 21, 1993 

INTEREST PAYMENT DATES February 1 and August 1 commencing February 1 , 1 994 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1 994 

TRUE INTEREST COST 4.9654% 

BOND COUNSEL Thompson & Mitchell 

FINANCIAL ADVISOR A.G. Edwards & Sons Inc., St. Louis 

UNDERWRITER MANAGER The First Boston Corporation 

PAYING AGENT Bank of New York (acquired original Paying Agent, 

Boatmen's Trust Company, 8/97) 

ESCROW AGENT Boatmen's Trust Company 

ESCROW VERIFICATION AGENT Causey Demgen & Moore, Denver, CO 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


1994 


$ 1,325,000 


7.30% 


2004 


$ 12,670,000 


4.80% 


1995 


1,435,000 


7.30% 


2005 


13,290,000 


4.90% 


1996 


1,555,000 


7.30% 


2006 


13,980,000 


5.00% 


1997 


1,685,000 


7.30% 


2007 


14,700,000 


5.00% 


1998 


9,695,000 


5.25% 


2008 


14,115,000 


5.10% 


1999 


10,150,000 


6.15% 


2009 


7,200,000 


5.10% 


2000 


10,435,000 


4.30% 


2010 


1,070,000 


5.10% 


2001 


9,185,000 


4.40% 


2011 


1,140,000 


5.10% 


2002 


11,540,000 


4.50% 


2012 


1,215,000 


5.10% 


2003 


12,095,000 


4.60% 








Redemption 













At the option of the Board, bonds maturing on August 1 , 2004 and thereafter may be called for 
redemption and payment prior to maturity, on August 1 , 2003 and thereafter, in whole at any time or in 
part on any interest payment date, in any order of maturity (bonds of less than a full maturity to be 
selected by lot by the Bond Registrar in such equitable manner as it shall designate), at a redemption 
prices together with accrued interest thereon to the redemption date, set forth in the following table: 



- 145- 



BOARD OF FUND COMMISSIONERS 
THIRD STATE BUILDING BONDS 

$148,480,000 (Refunded) 
SERIES A 1993 REFUNDING 



Redemption (continued) 

Redemption 



Redemption Dates Prices 



August 1 , 2003 through July 31 , 2004 1 02% 

August 1 , 2004 through July 31 , 2005 1 01 % 

August 1 , 2005 and thereafter 1 00% 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

Note 

The Series A 1993 Refunding Bonds were issued to refund the callable portions of the following 
bonds: 

Outstanding Principal Maturities 

Series Principal Refunded Refunded 

A 1987 Refunding $146,545,000 $113,725,000 1998-2009 
A 1991 Refunding 34,705,000 22,935,000 2002-2012 

$136,660,000 



The additional principal amount of the Series a 1993 Refunding Bonds did not decrease the 
amount of the statutory authorization for the Third State Building Bonds. 

Defeasance 

On October 29, 2003, $79,380,000 of outstanding Series A 1993 Refunding Bonds were refunded 
with the issuance of Series A 2003 Refunding Bonds. The proceeds of the refunding bonds were 
deposited in an escrow fund with UMB Bank NA. The money in the escrow fund was used to pay the 
principal and interest on the Series A 1993 Refunding Bonds. With the deposit of these moneys in the 
escrow fund, the Series A 1993 Refunding Bonds were legally defeased. 

Call Date 

The Series A 1993 Refunding Bonds maturing on August 1, 2004 and thereafter were called for 
redemption on October 29, 2003. 



- 146- 



THIRD STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1993 REFUNDING 
DATE OF ISSUE: 8/1/93 
AMOUNT OF ISSUE: $148,480,000 



FISCAL 
YEAR 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 
1992 
1993 



2005 
2006 
2007 
2008 
2009 
2010 
2011 
2012 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
2022 
2023 
2024 
2025 
2026 
2027 
2028 

TOTAL 



INTEREST 
8/1 



INTEREST 

2/1 



(Refunded A1987 Refunding, A1991 Refunding) 

Refunding Excess: $1 1 ,820,000 

(FY 05-FY13 refun d ed with Series A 20 03)* 

PRINCIPAL ANNUAL 
8/1 DEBT SERVICE 



31,765,524.40 



OUTSTANDING 
PRINCIPAL 



1994 






3,721,359. 


.38 






3,721,359.38 


148,480,000.00 


1995 


3,721,359. 


.38 


3,672,996 


,88 


1,325,000 


.00 


8,719,356.26 


147,155,000.00 


1996 


3,672,996 


88 


3,620,619. 


.38 


1,435,000 


.00 


8,728,616.26 


145,720,000.00 


1997 


3,620,619 


.38 


3,563,861 


88 


1 ,555,000 


,00 


8,739,481.26 


144,165,000.00 


1998 


3,563,861 


.88 


3,502,359. 


.38 


1 ,685,000 


.00 


8,751,221.26 


142,480,000.00 


1999 


3,502,359 


.38 


3,253,925. 


00 


9,695,000 


.00 


16,451,284.38 


132,785,000.00 


2000 


3,253,925 


.00 


2,941,812 


.50 


10,150,000 


.00 


16,345,737.50 


122,635,000.00 


2001 


2,941,812 


.50 


2,717,460 


.00 


10,435,000 


.00 


16,094,272.50 


112,200,000.00 


2002 


2,717,460 


.00 


2,515,390 


00 


9,185,000 


.00 


14,417,850.00 


103,015,000.00 


2003 


2,515,390 


.00 


2,255,740 


00 


11,540,000 


.00 


16,311,130.00 


91,475,000.00 


2004 


2,255,740 


.00 






12,095,000 


.00 


14,350,740.00 





31,765,524.40 69,100,000.00 132,631,048.80 



Amount Refunded: $79,380,000 



- 147- 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 

$75,000,000 (Refunded) 



SERIES A 1995 

DATED April 1,1995 

SALE DATE March 28, 1 995 

INTEREST PAYMENT DATES April 1 and October 1 commencing October 1, 1995 

PRINCIPAL PAYMENT DATE April 1 commencing April 1 , 1 996 

TRUE INTEREST COST 5.61 52% 

BOND COUNSEL Gilmore & Bell and Hardwick Law Firm 

FINANCIAL ADVISOR A.G. Edwards & Sons 

UNDERWRITER MANAGER Morgan Stanley & Co. 

PAYING AGENT Bank of New York (acquired original Paying Agent, 

Boatmen's Trust Co., 8/97) 

AUTHORIZATION Article III, Section 37(f) 

Maturities and Interest Rates 



Year Amount 



1996 $ 1,380,000 

1997 1,480,000 

1998 1,585,000 

1999 1,700,000 

2000 1,825,000 

2001 1,915,000 

2002 2,045,000 

2003 2,145,000 

2004 2,255,000 

2005 2,370,000 

2006 2,495,000 

2007 2,630,000 

2008 2,770,000 

Redemption 

At the option of the Board, bonds maturing on April 1, 2006 and thereafter may be called for 
redemption and payment prior to maturity on April 1 , 2005 and thereafter, in whole at any time or in part 
on any interest payment date at redemption prices as follows: 



Rate 


Year 


Amount 


Rate 


8.000% 


2009 


$ 2,920,000 


5.400% 


6.000% 


2010 


3,080,000 


5.400% 


6.000% 


2011 


3,260,000 


5.500% 


6.000% 


2012 


3,440,000 


5.500% 


6.000% 


2013 


3,635,000 


5.600% 


6.000% 


2014 


3,845,000 


5.600% 


6.000% 


2015 


4,065,000 


5.600% 


7.000% 


2016 


4,305,000 


5.625% 


7.000% 


2017 


4,550,000 


5.625% 


7.000% 


2018 


4,815,000 


5.500% 


5.125% 


2019 


5,095,000 


5.500% 


5.250% 


2020 


5,395,000 


5.500% 


5.375% 









- 148- 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 

$75,000,000 
SERIES A 1995 



(Refunded) 



Redemption (continued) 



Redemption Dates 



Redemption 
Prices 



April 1 , 2005 through March 31 , 2006 
April 1 , 2006 through March 31 , 2007 
April 1 , 2007 and thereafter 



102% 
101% 
100% 



The bonds maturing April 1, 2020 are subject to mandatory redemption in integral multiples of 
$5,000 selected by lot by the Bond Registrar, through the application of sinking fund payments at a 
redemption price equal to 100% plus accrued interest thereon, on April 1 of each of the following years 
in principal amounts as follows: 



In the event of any redemption, the Board or Bond Registrar acting on behalf of the Board, shall 
give written notice of its intention to redeem and pay the bonds by United State first class, registered or 
certified mail addressed to the registered owner of the bonds to be redeemed and to the manager of the 
underwriter group purchasing the bonds, each of the notices to be mailed not less than 30 days prior to 
the date fixed for redemption. 



On October 15, 2002, $56,300,000 of outstanding Series A 1995 Bonds were refunded with the 
issuance of Series A 2002 Refunding Bonds. This amount represented only the callable portions of the 
Bonds, $6,770,000 of the bonds were not refunded and remain a liability of the Board. The proceeds of 
the refunding bonds were deposited in an escrow fund with First Bank of Missouri. The money in the 
escrow fund is to be used to pay the principal and interest on the callable portions of the Series A 1995 
Bonds. With the deposit of these moneys in the escrow fund, the callable portions of the Series A 1995 
Bonds were legally defeased. 



The Series A 1995 Bonds maturing on April 1, 2006 and thereafter were called for redemption on 
April 1, 2005 at 102%. 



Year 



2018 
2019 
2020 



$4,815,000 
$5,095,000 
$5,395,000 



Defeasance 



Call Date 



- 149- 



FOURTH STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1995 
DATE ISSUED: 4/1/95 

AMOUNT OF ISSUE: $ 75,000,000 (FY06-FY22 refunded with Series A 2002)* 



FISCAL 


INTEREST 


INTEREST 


PRINCIPAL 


ANNUAL 


OUTSTANDING 


YEAR 


10/1 


4/1 


4/1 


DEBT SERVICE 


PRINCIPAL 


1995 


- 


- 


- 


- 


75,000,000.00 


1996 


2,155,510.00 


2,155,510.00 


1,380,000.00 


5,691,020.00 


73,620,000.00 


1997 


2,100,310.00 


2,100,310.00 


1,480,000.00 


5,680,620.00 


72,140,000.00 


1998 


2,055,910.00 


2,055,910.00 


1,585,000.00 


5,696,820.00 


70,555,000.00 


1999 


2,008,360.00 


2,008,360.00 


1,700,000.00 


5,716,720.00 


68,855,000.00 


2000 


1,957,360.00 


1,957,360.00 


1,825,000.00 


5,739,720.00 


67,030,000.00 


2001 


1,902,610.00 


1,902,610.00 


1,915,000.00 


5,720,220.00 


65,115,000.00 


2002 


1,845,160.00 


1,845,160.00 


2,045,000.00 


5,735,320.00 


63,070,000.00 


2003 


1,783,810.00 


236,950.00 


2,145,000.00 


4,165,760.00 


4,625,000.00 


2004 


161,875.00 


161,875.00 


2,255,000.00 


2,578,750.00 


2,370,000.00 


2005 


82,950.00 


82,950.00 


2,370,000.00 


2,535,900.00 


- 


2006 


- 


- 


- 


- 


- 


2007 


- 




- 


- 


- 


2008 


- 


- 


- 


- 




2009 


- 


- 


- 


- 




2010 


- 


- 


- 


- 


- 


2011 


- 


- 


- 


- 


- 


2012 


- 


- 


- 


- 


- 


2013 


- 


- 


- 




- 


2014 


- 


- 


- 




- 


2015 


- 


- 


- 


- 


- 


2016 


- 


- 


- 


- 


- 


2017 


- 


- 


- 


- 




2018 


- 


- 


- 


- 


- 


2019 


- 


- 


- 


- 


- 


2020 


- 


- 


- 


- 


- 


2021 












2022 


- 


- 


- 


- 


- 


2023 












2024 












2025 












2026 












2027 












2028 












TOTAL 


16,053,855.00 


14,506,995.00 


18,700,000.00 


49,260,850.00 




* 


Amount refunded : 


$56,300,000 









- 150 - 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 

$125,000,000 (Refunded) 



SERIES A 1996 

DATED ----- August 1,1996 

SALE DATE July 9, 1996 

INTEREST PAYMENT DATES ----- February 1 and August 1 commencing February 1 , 1 997 

PRINCIPAL PAYMENT DATE August 1 commencing August 1 , 1997 

TRUE INTEREST COST 5.673935% 

BOND COUNSEL Kutak Rock and Hardwick Law Firm 

FINANCIAL ADVISOR Boatmen's National Bank and Friedman, Luzzato & Co. 

UNDERWRITER MANAGER Merrill Lynch & Co. 

PAYING AGENT Bank of New York (acquired original Paying Agent, 

Boatmen's Trust Co., 8/97) 

AUTHORIZATION Article III, Section 37(f) 

Maturities and Interest Rates 



Year Amount 



1997 $ 2,675,000 

1998 2,775,000 

1999 2,885,000 

2000 3,010,000 

2001 3,140,000 

2002 3,285,000 

2003 3,435,000 

2004 3,595,000 

2005 3,765,000 

2006 3,950,000 

2007 4,150,000 

2008 4,360,000 

2009 4,590,000 

Redemption 

At the option of the Board, bonds maturing on August 1, 2007 and thereafter may be called for 
redemption and payment prior to maturity on August 1 , 2006 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



Rate 


Year 


6.00% 


2010 


6.00% 


2011 


6.00% 


2012 


6.00% 


2013 


6.00% 


2014 


6.00% 


2015 


6.00% 


2016 


6.00% 


2017 


6.00% 


2018 


6.25% 


2019 


5.20% 


2020 


5.30% 


2021 


5.40% 





Amount 


Rate 


$ 4,830,000 


5.60% 


5,090,000 


5.60% 


5,370,000 


5.70% 


5,665,000 


5.75% 


5,980,000 


5.75% 


6,315,000 


5.75% 


6,670,000 


5.50% 


7,050,000 


5.50% 


7,445,000 


5.75% 


7,865,000 


5.75% 


8,315,000 


5.75% 


8,790,000 


5.50% 



- 151 - 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 

$125,000,000 (Refunded) 
SERIES A 1996 



Redemption (continued) 

In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 

These bonds are book entry only. 

Defeasance 

On October 15, 2002, $92,485,000 of outstanding Series A 1996 Bonds were refunded with the 
issuance of Series A 2002 Refunding Bonds. This amount represented only the callable portions of 
the Bonds, $14,745,000 of the bonds were not refunded and remain a liability of the Board. The 
proceeds of the refunding bonds were deposited in an escrow fund with First Bank of Missouri. The 
money in the escrow fund is to be used to pay the principal and interest on the callable portions of the 
Series A 1996 Bonds. With the deposit of these moneys in the escrow fund, the callable portions of 
the Series A 1996 Bonds were legally defeased. 

On June 29, 2005, $7,715,000 of the Series A 1996 Bonds were refunded with the issuance of 
Series A 2005 Refunding Bonds. The proceeds of the refunding bonds were deposited in an escrow 
fund with UMB Bank. The money in the escrow fund is to be used to pay the principal and interest on 
the Series A 1996 Bonds. With the deposit of these moneys in the escrow fund, the Series A 1996 
Bonds were legally defeased. 

Call Date 

The Series A 1996 Bonds maturing on August 1, 2007 and thereafter will be called for 
redemption on August 1 , 2006 at 1 00%. 



- 152 - 



FOURTH STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1996 

DATE ISSUED: 8/1/96 (FY06-FY07 refunded with Series A 2005)** 

AMOUNT OF ISSUE: $ 125,000,000 (FY08-FY22 refunded with Series A 2002)* 



FISCAL 


INTEREST 


INTEREST 


PRINCIPAL 


ANNUAL 


OUTSTANDING 


YEAR 


8/1 


2/1 


8/1 


DEBT SERVICE 


PRINCIPAL 


1995 


- 


- 


- 


- 


- 


1996 




- 




- 


- 


1997 


- 


3,573,156.25 


- 


3,573,156.25 


125,000,000.00 


1998 


3,573,156.25 


3,492,906.25 


2,675,000.00 


9,741,062.50 


122,325,000.00 


1999 


3,492,906.25 


3,409,656.25 


2,775,000.00 


9,677,562.50 


119,550,000.00 


2000 


3,409,656.25 


3,323,106.25 


2,885,000.00 


9,617,762.50 


116,665,000.00 


2001 


3,323,106.25 


3,232,806.25 


3,010,000.00 


9,565,912.50 


113,655,000.00 


2002 


3,232,806.25 


3,138,606.25 


3,140,000.00 


9,511,412.50 


110,515,000.00 


2003 


3,138,606.25 


447,287.50 


3,285,000.00 


6,870,893.75 


14,745,000.00 


2004 


447,287.50 


344,237.50 


3,435,000.00 


4,226,525.00 


11,310,000.00 


2005 


344,237.50 


236,387.50 


3,595,000.00 


4,175,625.00 


- 


2006 


- 


- 


- 


- 




2007 


- 


- 




- 




2008 


- 


- 




- 




2009 


- 


- 


- 


- 


- 


2010 


- 


- 


- 


- 


- 


2011 


- 


- 


- 


- 


- 


2012 


- 


- 


- 


- 


- 


2013 


- 


- 


- 




- 


2014 


- 


- 


- 




- 


2015 


- 


- 




- 


- 


2016 


- 


- 


- 


- 


- 


2017 


- 


- 


- 


- 




2018 


- 


- 


- 


- 


- 


2019 


- 


- 


- 


- 


- 


2020 


- 


- 


- 


- 


- 


2021 












2022 












2023 












2024 












2025 












2026 












2027 












2028 












TOTAL 


20,961,762.50 


21,198,150.00 


24,800,000.00 


66,959,912.50 





* Amount refunded : $92,485,000 
** Amount refunded : $7,715,000 



- 153 - 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 

$50,000,000 (Refunded) 



SERIES A 1998 

DATED-- - June 1,1998 

SALE DATE - June 9, 1998 

INTEREST PAYMENT DATES December 1 and June 1 commencing December 1 , 1 998 

PRINCIPAL PAYMENT DATE June 1 commencing June 1 , 1999 

TRUE INTEREST COST 4.8772% 

BOND COUNSEL Kutak Rock and Hardwick Law Firm 

FINANCIAL ADVISOR NationsBank, N.A. 

UNDERWRITER MANAGER A.G. Edwards & Sons 

PAYING AGENT - - UMB Bank of Kansas City 

AUTHORIZATION Article III, Section 37(f) 

Maturities and Interest Rates 



Year Amount 



1999 $ 1,150,000 

2000 1,190,000 

2001 1,235,000 

2002 1,285,000 

2003 1,335,000 

2004 1,390,000 

2005 1 ,445,000 

2006 1,505,000 

2007 1,570,000 

2008 1,635,000 

2009 1,710,000 

2010 1,785,000 

2011 1,865,000 

Redemption 

At the option of the Board, bonds maturing on June 1 , 2009 and thereafter may be called for 
redemption and payment prior to maturity on June 1 , 2008 and thereafter, in whole at any time or in 
part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



Rate 


Year 


Amount 


Rate 


5.000% 


2012 


$ 1,950,000 


4.625% 


6.250% 


2013 


2,045,000 


4.700% 


6.250% 


2014 


2,145,000 


4.750% 


6.250% 


2015 


2,245,000 


4.800% 


6.250% 


2016 


2,355,000 


4.850% 


6.250% 


2017 


2,475,000 


4.875% 


5.125% 


2018 


2,600,000 


5.000% 


4.250% 


2019 


2,730,000 


5.000% 


4.250% 


2020 


2,865,000 


4.500% 


4.300% 


2021 


3,010,000 


5.000% 


5.000% 


2022 


3,160,000 


5.000% 


4.500% 


2023 


3,320,000 


5.000% 


4.600% 









- 154- 



BOARD OF FUND COMMISSIONERS 
FOURTH STATE BUILDING BONDS 

$50,000,000 
SERIES A 1998 



(Refunded) 



Redemption (continued) 

The bonds maturing June 1 , 2023 are subject to mandatory redemption in integral multiples of 
$5,000 selected by lot by the Bond Registrar, through the application of sinking fund payments at a 
redemption price equal to 100% plus accrued interest thereon, on April 1 of each of the following 
years in principal amounts as follows: 



In the event of any redemption, the Board or Bond Registrar acting on behalf of the Board, shall 
give written notice of its intention to redeem and pay the bonds by United State first class, registered 
or certified mail addressed to the registered owner of the bonds to be redeemed and to the manager 
of the underwriter group purchasing the bonds, each of the notices to be mailed not less than 30 days 
prior to the date fixed for redemption. 



On June 29, 2005, $40,970,000 of the Series A 1998 Bonds were refunded with the issuance of 
Series A 2005 Refunding Bonds. The proceeds of the refunding bonds were deposited in an escrow 
fund with UMB Bank. The money in the escrow fund is to be used to pay the principal and interest on 
the Series A 1998 Bonds. With the deposit of these moneys in the escrow fund, the Series A 1998 
Bonds were legally defeased. 



Year 



2021 
2022 

2023 (maturity) 



$3,010,000 
$3,160,000 
$3,320,000 



Defeasance 



- 155 - 



FOURTH STATE BUILDING BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1998 

DATE ISSUED: 6/1/98 (FY06-FY23 refunded with Series A 2005) 

AMOUNT OF ISSUE: $50,000,000 



FISCAL 


INTEREST 


INTEREST 


PRINCIPAL 


ANNUAL 


OUTSTANDING 


YEAR 


12/1 


6/1 


6/1 


DEBT SERVICE 


PRINCIPAL 


1995 


- 


- 


- 


- 


- 


1996 


- 




- 


- 


- 


1997 


- 


- 


- 


- 


- 


1998 


- 


- 


- 


- 


50,000,000.00 


1999 


1,243,550.00 


1,243,550.00 


1,150,000.00 


3,637,100.00 


48,850,000.00 


2000 


1,214,800.00 


1,214,800.00 


1,190,000.00 


3,619,600.00 


47,660,000.00 


2001 


1,177,612.50 


1,177,612.50 


1,235,000.00 


3,590,225.00 


46,425,000.00 


2002 


1,139,018.75 


1,139,018.75 


1,285,000.00 


3,563,037.50 


45,140,000.00 


2003 


1,098,862.50 


1,098,862.50 


1,335,000.00 


3,532,725.00 


43,805,000.00 


2004 


1,057,143.75 


1,057,143.75 


1,390,000.00 


3,504,287.50 


42,415,000.00 


2005 


1,013,706.25 


1,013,706.25 


1 ,445,000.00 


3,472,412.50 


- 


2006 


- 


- 


- 


- 


- 


2007 




- 


- 


- 




2008 


- 


- 


- 


- 


- 


2009 


- 


- 


- 


- 


- 


2010 


- 


- 


- 


- 


- 


2011 


- 


- 


- 


- 


- 


2012 


- 


- 


- 


- 


- 


2013 


- 


- 


- 


- 


- 


2014 


- 


- 


- 




- 


2015 


- 


- 


- 


- 


- 


2016 


- 


- 






- 


2017 


- 


- 


- 


- 


- 


2018 


- 




- 


- 


- 


2019 


- 


- 


- 


- 


- 


2020 


- 


- 


- 


- 


- 


2021 












2022 












2023 












2024 












2025 












2026 












2027 












2028 












TOTAL 


7,944,693.75 


7,944,693.75 


9,030,000.00 


24,919,387.50 





Amount refunded : $40,970, 000 



- 156 - 



BOARD OF FUND COMMISSIONERS 
STORMWATER CONTROL BONDS 
$20,000,000 
SERIES A 1999 



(Refunded) 



DATED October 1 , 1 999 

SALE DATE - September 28, 1 999 

INTEREST PAYMENT DATES April 1 and October 1 commencing April 1 , 2000 

PRINCIPAL PAYMENT DATE October 1 commencing October 1 , 2000 

TRUE INTEREST COST 5.399534% 

BOND COUNSEL Hardwick Law Firm and McDowell, Rice, Smith & Gaar 

FINANCIAL ADVISOR Banc of America Securities, LLC 

UNDERWRITER MANAGER Banc of America Securities, LLC and Associates 

PAYING AGENT - - UMB Bank of Kansas City 

AUTHORIZATION ----- Article III, Section 37(h) 

Maturities and Interest Rates 



Year 


Amount 


Rate 


Year 


Amount 


Rate 


2000 


$ 445,000 


5.650% 


2013 


$ 780,000 


5.200% 


2001 


460,000 


5.000% 


2014 


820,000 


5.250% 


2002 


480,000 


5.850% 


2015 


860,000 


5.300% 


2003 


500,000 


7.500% 


2016 


905,000 


5.375% 


2004 


520,000 


6.500% 


2017 


950,000 


5.400% 


2005 


540,000 


4.500% 


2018 


1,000,000 


5.450% 


2006 


565,000 


4.600% 


2019 


1,055,000 


5.500% 


2007 


590,000 


4.700% 


2020 


1,110,000 


5.500% 


2008 


615,000 


5.625% 


2021 


1,165,000 


5.500% 


2009 


645,000 


5.625% 


2022 


1,225,000 


5.500% 


2010 


675,000 


4.950% 


2023 


1,290,000 


5.500% 


2011 


705,000 


5.050% 


2024 


1,360,000 


5.500% 


2012 


740,000 


5.150% 








Redemption 













At the option of the Board, bonds maturing on October 1 , 2010 and thereafter may be called for 
redemption and payment prior to maturity on October 1 , 2009 and thereafter, in whole at any time or 
in part on any interest payment date at 100% of the principal amount, together with accrued interest 
thereon to the redemption date. 



- 157- 



BOARD OF FUND COMMISSIONERS 
STORMWATER CONTROL BONDS 

$20,000,000 
SERIES A 1999 



(Refunded) 



Redemption (continued) 

The bonds maturing October 1 , 2024 are subject to mandatory redemption in integral multiples 
of $5,000 selected by lot by the Bond Registrar, through the application of sinking fund payments at a 
redemption price equal to 100% plus accrued interest thereon, on October 1 of each of the following 
years in principal amounts as follows: 



In the event of any such redemption, the Board, or the Bond Registrar acting on behalf of the 
Board, shall give written notice of its intention to redeem and pay the bonds, said notice to be given by 
United States first class, certified or registered mail addressed to the State Auditor of Missouri, to the 
registered owner of any bond being redeemed, and to the manager of the underwriting group 
purchasing the bonds, each of said notices to be mailed not less than thirty (30) days prior to the date 
fixed for redemption. 



On June 29, 2005, $17,595,000 of the Series A 1999 Bonds were refunded with the issuance of 
Series A 2005 Refunding Bonds. The proceeds of the refunding bonds were deposited in an escrow 
fund with UMB Bank. The money in the escrow fund is to be used to pay the principal and interest on 
the Series A 1999 Bonds. With the deposit of these moneys in the escrow fund, the Series A 1999 
Bonds were legally defeased. 



Year 



2022 
2023 

2024 (maturity) 



$1,225,000 
$1,290,000 
$1,360,000 



Defeasance 



- 158 - 



STORMWATER CONTROL BONDS 
DEBT SERVICE SCHEDULE 
SERIES: A 1999 
DATE ISSUED: 10/1/99 
AMOUNT OF ISSUE: $20,000,000 



(FY 06-FY25 Refunded with A 2005)* 



FISCAL 


INTEREST 


INTEREST 


PRINCIPAL 


ANNUAL 


OUTSTANDING 


YEAR 


10/1 


4/1 


10/1 


DEBT SERVICE 


PRINCIPAL 


2000 


- 


541,461.88 


- 


541,461.88 


20,000,000.00 


2001 


541,461.88 


528,890.63 


445,000.00 


1,515,352.51 


19,555,000.00 


2002 


528,890.63 


517,390.63 


460,000.00 


1,506,281.26 


19,095,000.00 


2003 


517,390.63 


503,350.63 


480,000.00 


1,500,741.26 


18,615,000.00 


2004 


503,350.63 


484,600.63 


500,000.00 


1,487,951.26 


18,115,000.00 


2005 


484,600.63 


467,700.63 


520,000.00 


1,472,301.26 


- 


2006 


- 


- 


- 


- 


- 


2007 


- 


- 


- 


- 


- 


2008 


- 


- 


- 


- 


- 


2009 


- 


- 


- 


- 


- 


2010 


- 


- 


- 


- 


- 


2011 


- 


- 


- 


- 


- 


2012 


- 




- 


- 


- 


2013 


- 




- 


- 


- 


2014 


- 


- 


- 


- 


- 


2015 


- 


- 


- 


- 


- 


2016 


- 


- 


- 


- 


- 


2017 


- 


- 


- 


- 


- 


2018 


- 


- 


- 


- 


- 


2019 


- 


- 


- 


- 


- 


2020 


- 


- 


- 


- 


- 


2021 












2022 












2023 












2024 












2025 












2026 












2027 












2028 












TOTAL 


2,575,694.40 


3,043,395.03 


2,405,000.00 


8,024,089.43 





* Amount Refunded: $17,595,000 



- 159 -